A $6.3 Billion Hack Tested Bitcoin’s Bull Market. 3 Signs It Passed
The largest crypto hack on record hit Binance last week. Bitcoin’s (BTC) charts, however, show little sign of a broken bull market. Three signals point that way, from the weekly close to monthly momentum. One group of investors still has reason for caution before the US midterm elections. 1. A Record Hack Met a…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinBull market
A period in which prices in a financial market rise steadily and investor confidence is high.
Bull markets lift the value of savings and pensions invested in shares.
More about Bull marketCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyMore in Bitcoin
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