
smart Cat
@dch
365 Following
70 Followers
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
Crypto markets are facing a perfect storm as of February 25, 2025, with a massive $325 billion market cap wipeout since Friday. Let’s break down the key factors driving this volatility and what it means for the future of digital assets. The Bybit hack on February 21, 2025, involving a $1.4 billion ETH theft, is exacerbating crypto market jitters, as Arkham Intelligence labeled it the largest financial heist in history, doubling the previous record set by PolyNetwork's $611M hack in 2021. Citadel Securities' recent pivot on February 25, 2025, to become a liquidity provider for cryptocurrencies, announced by Bloomberg, may be contributing to a 'sell the news' reaction, adding pressure to an already volatile market. The S&P 500's sell-off since Friday, coupled with rising volatility as indicated by the VIX surging 3.39% over five days, is driving a broader risk-off sentiment that’s impacting Bitcoin and other crypto assets. 0 reply
0 recast
0 reaction
2 replies
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction