The prolonged correction in the virtual asset market and the Bybit hacking incident are dampening investor sentiment, leading to a drop in virtual asset prices.
According to CoinMarketCap, a global virtual asset market tracking site, Bitcoin is trading at $92,750, down 3.28% from the previous day. Ethereum has fallen 9.18% to $2,550, and Ripple has dropped 9.95% to $2.31.
Additionally, Solana, which garnered attention last month due to issues like the Trump meme coin, is trading at $144, down 14.06%. The leading meme coin, Dogecoin, has also recorded a drop of 12.75% to $0.20.
On the 21st, a massive transaction event occurred on the major exchange Bybit, involving the leak of $1.5 billion worth of Ethereum, believed to be the work of the North Korean hacking group Lazarus, resulting in a bank run of $4 billion.