Gracy Chen, CEO of Gracy, said that Bitget’s $352 million attack happened through a spoofed transfer, not a private key. How did $BTC react?
According to CoinDesk, the market is abuzz after information from Gracy Chen, the CEO, that Bitget’s $352 million attack occurred via a forged transfer, not a private key. This is considered a significant move that could directly affect the holding sentiment $BTC in the short term.
$BTC reaction
Short-term uncertainty in sentiment: The new information makes investors more cautious. Speculative inflows into $BTC may slow down over the next 24 hours, leading to sideways movement or a mild correction due to profit-taking pressure.
No major panic: This is not a sudden negative piece of news that shocks the entire market. For those closely following the BTC ecosystem, this is a step within the development roadmap, so it will not trigger a strong sell-off wave.
Long-term trend depends on macro factors: Over the long term, the price $BTC will still depend on core factors such as on-chain activity, ETF flows, TVL, and overall sentiment in the crypto market. If the ecosystem continues to expand, the outlook remains positive.
Do you think $BTC will surge after this news? 👇
#Binancenews #xuhuong #CryptoNews
According to CoinDesk, the market is abuzz after information from Gracy Chen, the CEO, that Bitget’s $352 million attack occurred via a forged transfer, not a private key. This is considered a significant move that could directly affect the holding sentiment $BTC in the short term.
$BTC reaction
Short-term uncertainty in sentiment: The new information makes investors more cautious. Speculative inflows into $BTC may slow down over the next 24 hours, leading to sideways movement or a mild correction due to profit-taking pressure.
No major panic: This is not a sudden negative piece of news that shocks the entire market. For those closely following the BTC ecosystem, this is a step within the development roadmap, so it will not trigger a strong sell-off wave.
Long-term trend depends on macro factors: Over the long term, the price $BTC will still depend on core factors such as on-chain activity, ETF flows, TVL, and overall sentiment in the crypto market. If the ecosystem continues to expand, the outlook remains positive.
Do you think $BTC will surge after this news? 👇
#Binancenews #xuhuong #CryptoNews