Crypto Markets Shrug Off Massive Bitget Hack

Crypto markets have shown remarkable resilience in the face of adversity, shrugging off the massive hack on Bitget that saw $351.6 million stolen from the platform.

The heist was one of the largest hacks in cryptocurrency history, but it appears to have had little impact on the overall market. In fact, altcoins are rallying, with many tokens seeing significant gains over the past 24 hours.

According to CoinDesk's analysis, the hack on Bitget has not had a major effect on the broader crypto market. This is despite the size of the heist, which saw hackers make off with an estimated $351.6 million worth of digital assets.