Few hours ago i read on CNN that one of the world's largest cryptocurrency Exchange site was hacked and the thieves got away with $30million dollars worth of cryptocurrency. According to the news, the news of the theft at the exchange hit the prices of cryptocurrencies. Bitcoin fell around 2%.
What is your view. Will it affect all altcoins too?
I think yes. Almost always the reason why bitcoin prices fall due to large exchanges is attacked. Bitcoins and the crypto market are likely to be affected by the bad news