Internet computer protocol
was the trade at $ 4.8373, down 5.18% in the past 24 hours, while the broader crypto market gauged of Coindesk 20 index dropped only half as much.
The ICP faces the modified sale of pressure as geopolitical risks and cybersecurity threats have been a digital asset market. The refusal came amidst the distracting findings from the Cybersecurity firm Koi Security, which No cover A network of malicious browser extensions that target cryptocurrency users.
The report identified more than 40 fake Firefox add-ons designed to mimic popular wallets such as Metamask and Coinbase. These extensions, some of which remain live in browser stores, are believed to steal sensitive credentials from unobtrusive users from at least April 2025.
The technical metadata and artifacts of the language attack infrastructure point to Russian-speaking actors, according to Koi. These findings have added a new layer of concern for crypto investors who have navigted the uncertainty of macroeconomic and spread global regulations.
The ICP price reaction is fast, with a token falling through the main support of $ 5.00, according to the CoinDesk Research’s technical review model. Bearish movement was strengthened by the rise of trade volumes on major sales at 12:00 and 20:00 UTC on July 3. The weakness of the coin in greater regional sentiment was at full manifestation, as the narrative of the Cyber threat with elevated volatility to push prices lower.
Fake purse attacks – by exploiting both users of trust layer depends on storing digital assets – will increase awareness around security risks to decentralized ecosystems. For projects such as the Internet Computer, which promotes infrastructure and self-custody, the risk of reputation from these types of exploitation can weigh the investor’s feelings even though it is not directly tied to the protocol itself.
Technical assessments
All the time mentioned is the UTC.
- ICP-USD declined 4.3% to $ 4.8373 between July 3 07:00 and July 4 06:00.
- The price action is formed by a downward channel, with a resistance near $ 5.13 and a decisive deterioration below $ 5.00.
- Poor sales took place at 12:00 and 20:00 on July 3, accompanied by more than average volume.
- The overall incidence of token is $ 0.26 (5.1%)underscoring higher volatility.
- A 1.17% collapse occurred between 05:52 and 06:51 on July 4, with a price sinking below $ 4.90.
- The temporary support appeared at $ 4.88 around 06:30, followed by a subtle recovery of $ 4.89.
- The volume exceeds 94,000 units during 06: 27–06: 30 window, likely driven by institutional activity.
- Last minutes showed a combination, with low volatility suggesting possible action-bound action.
Denial: Parts of this article were formed with assistance from AI tools and our editorial team reviewed to ensure accuracy and compliance with our standards. For more information, see CoinDesk’s entire AI policy.
