Bitcoin Price Rebounds to $6,700, Market Adds $8 Billion in Recovery Bithumb Hack

Yesterday, on June 20, more than $10 billion was erased from the cryptocurrency market after Bithumb, South Korea’s biggest cryptocurrency exchange was hacked. Today, the cryptocurrency market added $8 billion to its valuation following Bitcoin’s slight gain, recovering from the Bithumb hack within 24 hours.
What’s Behind the Recovery? On June 20, major cryptocurrencies including Bitcoin, Ethereum, Ripple, and Bitcoin Cash fell by around 2 percent as the market fell slightly, led by the intensif…

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