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?
No, there's no direct effect on the altcoins to dump but for whole yes like what happened bitcoin falls down and panic starts altcoins followed the dump. Bitcoin doesn't fell down 2% it continues until now we are lying on the bottom.