Well, that's how it goes.
We've seen the effect of it to the market. And I don't think that we can ignore that fact that this hacking incident turned the market down.
Everyone who's seeing this is going to look at what happened to Bybit. This isn't a little effect on the market but it made a lot panicked for sure.
But we both agree about this that it's only temporary and I am sure that we'll get back on feet again.
There is much more that provoked such a market behavior, but yeah, to some extent, this hack pushed for it too.
However, it's not the main force for the crash. More like just another domino that fell.
The past Bybit hacking didn't give much effect on the market since there's no disturbance of their services happen and Bybit remain operational despite of those unfortunate situation happen. So people cannot really point out that this is the reason of dumps these days.
This is what I found out reason on why such thing happened
https://cointelegraph.com/news/why-is-bitcoin-price-down-todayBut even thought that situation happened people should focus and try not to get affected with that situation then focus to continue their accumulation.