Internet computer protocol
Negotiate $ 4,8373, down 5.18% in the last 24 hours, while the wider cryptography market, as evaluated by the Coindesk 20 index, only lowered half.
ICP has faced renewed sales pressure while geopolitical risks and cybersecurity threats have shaken digital asset markets. The decline occurs in the midst of the disturbing results of the Koi Security cybersecurity company, which discovered a network of malicious browser extensions targeting cryptocurrency users.
The report has identified more than 40 false Firefox additional modules designed to imitate popular portfolios like Metamask and Coinbase. These extensions, some of which remain live in browser stores, would have stolen sensitive identification information from users without distrust since at least April 2025.
Technical metadata and linguistic artefacts of the attack infrastructure point to Russian actors, according to Koi. These results have added a new layer of concern for cryptographic investors who are already sailing in macroeconomic uncertainty and fragmented global regulations.
The ICP price reaction was rapid, the drop -in token by the key support at $ 5.00, according to the Technical Analysis model of Coindesk Research. The lowering movement was amplified by an increase in trading volumes during key sales at 12:00 p.m. and 8:00 p.m. UTC on July 3. The vulnerability of the medal to a broader feeling of risk was fully exposed, because the cyber-menace narrative crossed with high volatility to push prices much lower.
The false portfolio attack – by operating the same users of the trusted layer depends to store digital assets – has increased awareness of security risks in decentralized ecosystems. For projects like Internet Computer, which promote infrastructure and self-care, the risk of reputation of these types of exploits can weigh heavily on the feeling of investors even when it is not directly linked to the protocol itself.
Strengths of technical analysis
All the times mentioned are UTC.
- ICP-USD decreased by 4.3% to $ 4.8373 between July 3, 07:00 and July 4, 6:00 a.m.
- The price action has formed a descending channel, with resistance nearly $ 5.13 and decisive ventilation of less than $ 5.00.
- Similar sales took place at 12:00 p.m. and 8:00 p.m. on July 3, accompanied by a volume greater than the average.
- The overall fork of the token was $ 0.26 (5.1%)emphasizing increased volatility.
- A decrease of 1.17% occurred between 05:52 and 06:51 on July 4, with the price of less than $ 4.90.
- Temporary support appeared at $ 4.88 around 06:30, followed by a slight recovery at $ 4.89.
- The volume exceeded 94,000 units during window 06: 27–06: 30, probably pulled by institutional activity.
- The last minutes have shown consolidation, with low volatility suggesting a possible action linked to the coming beach.
Non-liability clause: Parties of this article were generated with the help of AI tools and examined by our editorial team to guarantee the accuracy and membership of Our standards. For more information, see Complete Coindesk AI policy.
