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Today’s Cryptocurrency Headline
Meta, the parent company of Facebook, has released its Q1 security report, which reveals a surge in malicious software related to ChatGPT. Hackers are using the guise of providing ChatGPT-related tools to infiltrate people’s devices. Many of these tools, offered through browser extensions and online app stores, contain malware aimed at gaining access to users’ devices. Meta claims to have identified and disrupted nearly 10 new forms of malware this year, including those posing as ChatGPT extensions and productivity tools. These malicious programs use phishing emails, malicious browser extensions, ads, mobile apps, and various social media platforms to lure users.
BingX’s Bitcoin Chart
The overall trend of Bitcoin on the daily chart remains bullish, with no significant pullbacks since the recent short-term rally. The current uptrend is strong, supported by upward moving averages. However, the price is facing resistance at key levels, indicating a potential correction before resuming upward momentum. A potential target range for a rebound is between 30000-32000, but a correction to 28500-29000 may happen first. Overall, the May market is expected to experience some volatility with a potential dip followed by a rebound.
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