Crypto Market Decline: Bitcoin, Ethereum, XRP Prices Drop Following Yearn Finance Security Incident

Major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and XRP experienced significant price declines as December trading commenced. The market downturn coincides with reports of a security incident affecting Yearn Finance, a prominent decentralized finance protocol. This development has triggered renewed concerns about DeFi platform vulnerabilities and their potential impact on broader cryptocurrency valuations. Trading volume across major exchanges showed notable increases during the sell-off, with analysts monitoring key support levels for Bitcoin near recent lows. The incident highlights ongoing security challenges within the decentralized finance ecosystem and their capacity to influence short-term market sentiment across digital assets.