On Friday, the cryptocurrency market saw digital assets predominantly trading in the red. Bitcoin struggled to hold above the $100K threshold amidst challenging economic signals. In the midst of this turmoil, Aptos Labs experienced heightened price volatility following the resignation of CEO Mo Shaikh. This sudden change in leadership has raised concerns among investors and has contributed to APT’s unstable performance. With most altcoins grappling with significant losses during the past day, the Aptos Labs news has only intensified investor unease. It remains crucial for those monitoring APT to keep an eye on the market’s response to these developments.