Crypto Markets Lose $10 Billion as Altcoins Predictably Plummet on Exchange Hack Story

hat appeared to be signs of a rebound over the past day have been quashed this morning when news broke that Korea’s second largest exchange Bithumb had been hacked. Markets tumbled once again, with almost $10 billion being wiped out in half an hour. The fall as usual was led by Bitcoin which dropped $150 and settled at just over $6,600, down 1.6% on the day. Ethereum remained relatively stable and is trading at the same level as yesterday, $520. Altcoins as usual all got battered and a sea of red has now replaced the green that was there a few hours ago. Most are down 3-4% and only a couple or minor tokens are not feeling the selling pressure at the moment.
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