The exchange rate of bitcoin: Hacking Bithumb will be the beginning of a new fall
Stock Markets Group – bitcoin exchange Rate today 20 June resumed its decline after it became known about the next hacking crypto currency exchange in South Korea.
Bitcoin price remains in a sideways movement, but any news today acts as a strong catalyst for both buyers and sellers of cryptocurrency.
Most altcoins have turned red.
So the Bitcoin exchange rate Cash have fallen by 3.95% and is at a level of 873$ capitalization 15 066 billion. The rate of Ripple lost 3.58% and reached $ 0.53$ at market capitalization 20 872 billion. Ethereum has decreased by 2.35%, and reached 526$ in market capitalization 52 990 billion.
13:15 GMT., major exchanges show the following values of the rate BTC/USD:
Bitstamp – $ 6 647 (-1.32%)
Bitfinex – $ 6 637 (-1.3%)
Coinbase – $ 640 6 (-1.28%)
The market capitalization of Bitcoin at the moment is $114 135 billion Total capitalization of the stock market 245 026 billion.
The bitcoin exchange rate fell after reports Bithumb
As it became known yesterday, a major Korean stock exchange was under attack, which lost about $ 30 million in bitcoin and other cryptocurrency.
Trading platform stopped operations cryptocurrency and the Deposit and withdrawal of funds pending investigation of the incident.
As reported by the representatives of the company, the attack occurred in the night from Tuesday to Wednesday. Accurate data about what the cryptocurrency was stolen by criminals and how many Bithumb not provided, however, warned that compensate for losses to affected customers.
In order not to jeopardize the remaining assets of the exchange, transferred them to the storage hardware wallets and said:
“Customers should immediately stop to Deposit funds on account in bitcoin, to get the next recommendations”
Recall that last week, bitcoin exchange rate plummeted after a similar incident occurred with another South Korean cryptocurrency exchange Coinrail. Toga losses of the trading platform amounted to more than $ 40 million in different altonah, including bitcoin.
Characteristically, Bithumb is one of the largest cryptocurrency exchanges compared to Coinrail, but the reaction of Bitcoin right now is much different from that observed days earlier.
Apparently, this is due to the measures that a large marketplace was immediately accepted, and compensation that was promised to their clients.
The issue of protection of investors ‘assets now come to the fore, as, according to experts, the inability to track transactions and identify the source of translation, leads to permanent loss of investors’ funds.
Decentralization and anonymity allows criminals after burglary is actually nothing to worry about, so as to keep track of bitcoin and other cryptocurrency stolen impossible.
Bitcoin exchange rate today
Despite the apparent stability of most popular cryptocurrency, the latest incident may show a negative effect later. Moreover, the activity of buyers of bitcoin in the current environment remains low.
For the last day, the course of bitcoin lost around $ 200, down around 6600$.
However, the support of the coins on the level of 6500$ remains in force, and to overcome, the bears will need more strength and reason.
In our opinion, short-lived stabilization of bitcoin is nearing completion, and soon you can start a new wave of falling.
Objectives for sellers continues to be the level of 6500$ and then the mark of$6000.
Market analyst cryptocurrency
Stock Markets Group™