Home Bitcoin News Market Wrap: Bitcoin Returns to Pink, Tumbling 7% on FTX Collapse – CoinDesk

Market Wrap: Bitcoin Returns to Pink, Tumbling 7% on FTX Collapse – CoinDesk

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Bitcoin (BTC) was not too long ago buying and selling at about $16,675, down practically 7%. The biggest cryptocurrency by market capitalization was nonetheless hovering close to $17,000 when CoinDesk reported that FTX, the once-widely revered trade, had filed for chapter after a fruitless seek for a rescuer. The continuing fallout for an already shellshocked crypto sector stays unsure.

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