Crypto Markets Surge Amid Major Hacks and Institutional Moves
This week was marked by significant security breaches, including a $351.6M hack at Bitget, which was linked to North Korean hackers. Despite these setbacks, institutional interest in Bitcoin remained strong, with $3B inflows into ETFs and BlackRock buying over $1B worth of BTC. Ethereum and Solana also saw notable gains, with ETH surpassing $2,700 and Solana up 12.4%.
Market overview
Total crypto market cap stands at $2.79T on $71.31B of 24h volume. BTC dominance is +58.60% and the Fear & Greed index reads 74 — Greed.
Signal performance
Over the past week, 1670 signals reached a target, averaging +6.90% profit and +9.66% peak.
Headlines
- Bitget’s eighth birthday ends with a $352M hackProtos · Sep 25
Bitget hacked for $352M
- Bitcoin ETFs Extend Winning Streak With Nearly $3B in InflowsBitcoin Magazine · Sep 25
Bitcoin ETFs see $3B in inflows
- Strategy’s Bitcoin Stash Hits 846,000 After Fresh 950 BTC PurchaseCryptoPotato · Sep 21
Strategy's bitcoin stash hits 846,000 BTC.
- Bitget Hit by $351.6M Hot-Wallet Attack Despite Nearly 3-Hour Transfer WindowCrypto News Australia · Sep 25
Bitget hit by $351.6M hot-wallet attack
- Strives Buys 1,355 BTC as Bitcoin’s Price Crosses $85KCryptoPotato · Sep 21
Strive buys 1,355 BTC for $107.7 million.