$BTC , Security incident weighs on sentiment: Industry insiders say the Bitcoin stolen in the Binance hack is very unlikely to be recovered.
The key now is where the funds go; whether they are sold off in large quantities will determine the short-term pressure. It’s bearish, but one news item alone isn’t enough to turn the market sour.
The key now is where the funds go; whether they are sold off in large quantities will determine the short-term pressure. It’s bearish, but one news item alone isn’t enough to turn the market sour.