Crypto Market Defies Hacks with Unexpected Rally

Three major hacks in one day would normally send the crypto market into chaos. However, despite Bitget confirming a $350 million breach, Magic Eden flagging an NFT security scare, and Meter's chain suffering an exploit that drained $2.3 million, prices are climbing anyway.

The total value of digital assets is back in the green, with Bitcoin trading at $84,691.11 (up 1.8%), Ethereum at $2,708.78 (up 2.5%), and XRP at $1.56 (up 6.7%).

So what's behind this surprising rally? New regulation, big wallets buying, and steady ETF cash are all contributing to the confidence.