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?
Negative news touches the WHOLE market. News background is a significant aspect in such a young market. This situation has led to the great downfall we can see now!