Bitcoin's price experienced a significant drop following the hack of Bybit, reaching its lowest levels in over three months. The cryptocurrency lost over $10,000 in value within 24 hours, but has since rebounded slightly to around $89,000. Altcoins have also seen a recovery, with Ethereum increasing by 4% and many others experiencing impressive daily gains. Despite the initial crash, the total crypto market cap has recovered $100 billion and now stands at over $3.050 trillion.



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