Binance recovering 90%... BUT WHAT ABOUT THE MARKET ❓
Okay so... Binance says it has now replenished 90% of the stolen assets after that massive $6.3 BILLION+ hack.
That's actually good news for users... but there is another problem nobody can fix by simply replacing the stolen funds.
MARKET CONFIDENCE.
$BTC is struggling around $77,500 after falling as low as $76,325, while $ETH is barely recovering around $2,250 after touching $2,174.
And remember... the market was ALREADY struggling before this hack happened.