Crypto Market Stays Resilient Amid Mixed Price Moves and Major Hacks
- Total Market Cap remained stable at $2.54T.
- Ethereum (ETH) price decreased from $3765 to $3692.
- Bitcoin (BTC) price increased from $68346 to $69474.
- Significant hacks included a $22M loss for Project Gala and a $3.7M transfer to Tornado Cash by a Kronos Research hacker.
- ETF inflows totaled $525M, with the largest being $125M into IBIT ETF.
The cryptocurrency market showed stability in total market cap but experienced mixed price movements for major coins. Ethereum saw a slight decrease, while Bitcoin's price increased. The week was marked by significant security incidents, including a major hack on Project Gala. ETF inflows were strong, indicating continued investor interest. Overall, the market remained resilient despite the security challenges.