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Bitcoin Bull Market Holds After $6.3 Billion Hack

Original: A $6.3 Billion Hack Tested Bitcoin’s Bull Market. 3 Signs It Passed

Markets are assessing whether a $6.3 billion hack could derail Bitcoin's bull run. Analysts point to three signs that the cryptocurrency market weathered the shock: the security breach did not trigger a sustained sell-off in Bitcoin, investor confidence held despite fears of contagion, and the broader bull market narrative remained intact in the days that followed.

Why now: The sheer scale of the hack raised fears of a market crash, and traders are reacting to evidence that Bitcoin survived the test.

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Evidence

• A $6.3 Billion Hack Tested Bitcoin’s Bull Market. 3 Signs It Passed · Yahoo Finance

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