Market Reactions to Hacks

Market Reactions to Hacks.

The below diagram shows the reactions to hacks on different exchanges.    We all know that hacks have a way of sending out bitcoin on a downtrend.  Often times reversing strong bull runs.  With the chart below you will be able to to see how the markets responded to the hacks one month after the hacks.

 

month to month reaction
Market Reaction on Exchange Hacks