Crypto Market Today (Feb-22): BTC, ETH Drop As $566M Liquidated Amid Bybit Hack

Crypto market today (February 22): Bitcoin ($BTC), Ethereum ($ETH), and other altcoins reflect an alarmingly waning price action as the week comes to a close. Primarily against Bybit’s recent $1.4 billion hack, over $566 million was liquidated across the broader market in the last 24 hours. As a result, $BTC price price lost nearly 2% and slipped back to the $96K level on Saturday. Further, $ETH and other leading altcoins have also followed the waning trajectory.