Investing.com – Bitcoin's steadied from a drop earlier in the session, shrugging off a report of a cyberattack on a major cryptocurrency exchange.
Bitcoin rose 0.29% to $6,754.4 on the Bitfinex exchange, after falling to a low of $6,560.0 earlier during the session.
South Korean crypto-exchange Bithumb – the sixth largest crypto exchange in the world by trading volume – confirmed that cyber thieves had successfully stolen $31 million worth of cryptos following a successful attack between late Tuesday night and early Wednesday morning.
This is the second major cyberattack of a large crypto exchange in June after crypto-exchange Coinrail confirmed a security breach a little over a week ago.
Bitcoin steadied, however, as traders appeared willing to buy the popular crypto on weakness – a potential sign tentative demand is returning to the crypto market.
The total market cap of cryptocurrencies rose to about $289 billion, at the time of writing, from $287 billion at the start of the week. Bitcoin appears to have absorbed a large chuck of the uptick in inflows as other large-cap cryptos struggled.
Ripple XRP rose 0.45% to $0.54182 on the Poloniex exchange, while Ethereum fell 0.56% to $535.48.
Bitcoin Cash fell 1.47% to $887.89, while Litecoin fell 0.34% to $97.76.
