Crypto is nothing. Prices are set by insiders making pretend trades with each other. Brokers & regulators know this but shrug & take their cut.
Anyhow, after the $6 billion theft by North Korea, Bitcoin took a bit of a hit. And is bouncing back!
Thought yall might enjoy a good rant -

https://charlieangus.substack.com/p/crypto-crooks-get-robbed

Although the windup is serious:

"Ilya Lichtenstein, who was convicted of a $4.5 billion money-laundering scheme from a crypto heist, states that advances in AI are dramatically changing the criminal landscape. In an interview with CNN, he warned,

“The rate of advancement of AI has been incredible… the security capabilities of models have grown tremendously. [You will soon] have open-source models that anyone can download that are better at hacking than the best hackers in the world…

Within months, the same hacking technology that enables something like this could be in the hands of a kid in their basement who is bored.”

When that happens, the hacking of crypto lords won’t seem so distant or even funny because they will be stealing from the savings accounts of ordinary people and stripping banks bare."