The current situation of the market is really bad. All that I'm talking about is something that you can also see in the image below, which I have taken from the CoinMarketCap website. Almost every coin is available in red, except for very few that you can see in green. I know that those are the coins that do not have a market cap, so it does not really matter because most of the leading projects are down. Red is the colour of the current market this time.

This kind of situation is really very bad for the market, and I know that a lot of people must be demotivated because of this. But you know what? This situation happened after the hack event, and I believe that, in this kind of crash situation, this hack played a very important role, which was completely unexpected.

From this point, it looks like the market is not going to recover really soon. It may be the case that we can see the price coming down further, because in the last 24 hours, the price for Bitcoin has dropped by roughly 6% and is currently trading at US$75,000, with dominance pretty much close to 60%.

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