Bithumb was hacked yesterday and the news has been spreading in the major media for at least 14 hours now based on the article times[1].
price however has not shown any reaction to the news and on top of that in the past 14 hours we have had a rise. granted it was a small rise but still it reached $6841 a couple of hours from this news.
is this a good sign that we have reached the absolute bottom?[1]
https://www.ccn.com/breaking-south-korean-crypto-exchange-bithumb-hacked-thieves-steal-30-million/I think that exchange is not a bigger one and not much people care if they are hacked because most of the users of crypto are having their money on binance, bittrex and other bigger exchanges etc. Other point is that this is the good time of bitcoin and crypto and people know that from now the price will go better that is why they are not selling their coins just like when the price was rising and in that time a few years ago Russia banned (now it is unbanned there) it then nothing happened and the price continued to rise.