$BTC (24h -1.55%). Here’s the news: the computing power of about 64,000 Bitcoin mining machines was hijacked, but the attackers failed to mine a block and make a profit.
When bad news hits, everyone wants to get out. The eventual low often comes when nobody dares to buy. News is news, and the market structure is the market structure: as long as the direction hasn’t changed, don’t let one headline sway you.
Do you think institutions might use this news to do something?

#BTC

Don’t take what I say as investment advice.