The token network protocol was attacked by hackers, and Ethereum once plummeted by 9%

According to Jinshi News, on Monday, Ethereum dropped by as much as 9%, falling below the key support level of $3,600, down about 25% from the high of $4,885 set on August 22. Before the Ethereum crash, the decentralized finance protocol based on Ethereum, Balancer, suffered a loss of potentially over $100 million in a hacker attack. This vulnerability is the latest in a series of bearish events over the past few weeks, causing digital asset investors to feel uneasy. Stocks related to digital assets are also under pressure, with Coinbase down nearly 4% and Strategy down over 1%.