Bitcoin Takes a Plunge Below $90,000 Amid DeFi Exploit Concerns

A recent exploit in the Yearn Finance platform has sent ripples through the cryptocurrency market, causing Bitcoin to plunge below $90,000. This incident, which impacted yETH liquidity pools and disrupted the broader market, resulted in a noticeable sell-off that triggered over $400 million in leveraged crypto futures liquidations across major tokens like BTC and ETH. 📈 The price decline for Bitcoin also reflects wider market concerns about DeFi security vulnerabilities amidst increasing bond yields, contributing to increased risk aversion in investors. 🤔 🔒 🎧