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Ethereum Price Forecast: ETH Traders Bet on $3,000 Rebound as Tim Beiko Discusses Bybit Hack Solutions

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ETH price rallied 8% to reclaim territories just above $2,800 on Sunday, Feb 22 , on speculations that resolutions to the Bybit ’s 401,346 ETH hack could trigger a bullish impact.

Speculation surrounding how the exchange will resolve the stolen funds has become a major driver of the price action.

Tim Beiko , Core Protocol Developer at the Ethereum Foundation , dismissed calls for an Ethereum chain rollback, citing protocol integrity concerns.

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