Last week in the world of cryptocurrency was filled with scandal and volatility. It started with the rise and fall of the LIBRA memecoin, which resulted in political and legal fallout for Javier Milei, including calls for his impeachment and fraud charges. This shows that cryptocurrency now has geopolitical implications. The week ended with crypto exchange Bybit being hacked for $1.4 billion worth of ETH, but the CEO was praised for their handling of the situation. The market experienced volatility due to these events, with Bitcoin's price dropping and recovering multiple times. However, there are signs that altcoins may be reaching a bottom, as some coins have experienced positive movement. Despite the negative events, overall sentiment remains bullish for cryptocurrency.



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