Bybit News: Bitcoin Price Declines Following Bybit Hack and Subsequent Market Liquidations

Bitcoin Price Declines After Bybit Hackers Cash Out

Bitcoin price hovers around $82,000 on Monday after falling nearly 15% last week. This price correction triggered a series of liquidations across the crypto market, totaling $687.73 million in the past 24 hours. A QCP Capital report highlights that momentum was derailed by the Bybit hackers cashing out at least $300 million of their record-breaking $1.5 billion crypto heist on Sunday, causing BTC to decline again.

Bubblemaps $BMT Token Launch Expected Soon

The $BMT token is expected to debut on March 11, 2025, marking a significant moment for Bubblemaps, an innovative platform transforming blockchain analytics. Although the exact date remains uncertain, the excitement is palpable, and $BMT promises to bring valuable new opportunities for users. The token will be listed on Bybit, marking the beginning of Intel Desk.