Bitcoin sinks to new yearly low at $16.8K as FTX insolvency fears turn into c...

Bitcoin sinks to new yearly low at $16.8K as FTX insolvency fears turn into c...

BTC and altcoins continue to sell-off, hitting new yearly lows as the collapse of FTX begins to drastically impact investors across the entire crypto market. Crypto markets crumbled for a second day as the fallout from FTX’s liquidity troubles continued to negatively impact investor sentiment. Bitcoin (BTC) price fell to a new yearly low at $16,800 as anonymous unconfirmed sources suggested that after a closer review of FTX’s books, Binance could back out of their agreement to acquire the beleaguered exchange. Crypto market performance. Source: Coin360.comOther factors having a potential....


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