Bitcoin price holds above $29,000, unmoved by Curve Finance hack | Headlines | News | CoinMarketCap
08/01/2023 00:49
Bitcoin opened the week trading mostly flat, unmoved by a major Curve Finance DeFi exploit over the weekend. The world's largest digital asset by …
Bitcoin opened the week trading mostly flat, unmoved by a major Curve Finance DeFi exploit over the weekend.
The world's largest digital asset by market capitalization fell 0.5% to $29,218 at 1:19 p.m. ET, according to CoinGecko. It's remained relatively stable, trading within a narrow range between around $29,000 and $31,500 for over six weeks.
"Bitcoin isn't budging, and other high liquidity tokens like Ether seem to be so far unaffected," Justin d'Anethan, head APAC business development at Keyrock, told The Block, commenting on the Curve Finance hack on Sunday that spread concerns throughout the world of decentralized finance.
"Unfortunately, the Curve Finance event is a sober reminder that, no matter how legitimate a protocol or a founding team might be, there are still risks …