RootData: Hacker attacks can shake the market in the short term, but BTC prices usually recover quickly

ChainCatcher news, the Web3 asset data platform RootData published a tweet analyzing 17 major cryptocurrency hacking incidents (with stolen amounts exceeding 100 million USD) that occurred over the past few years (since the second half of 2021) and their impact on BTC price trends.

Data shows that while BTC often experiences a drop on the day of the hacking incident, the price changes within 7 days and 1 month after the hacking indicate that the long-term impact of these hacks is limited. This suggests that while they may shake market confidence in the short term, BTC prices typically recover quickly.