The plunge comes as investors continue to grapple with the stunning implosion of FTX, one of the biggest and most powerful players in the industry.
Some industry insiders have said the company’s downfall had triggered a “Lehman moment,” referring to the 2008 collapse of the investment bank that sent shockwaves around the world.
Prices of digital currencies fell again as the crisis engulfing the market deepened over the weekend. Bitcoin, the world’s biggest cryptocurrency, has plummeted about 65% so far this year. It was trading at about $16,500 on Monday, according to CoinDesk. Analysts believe that it could fall below $10,000.
Ether, the world’s second most valuable cryptocurrency, isn’t faring much better. It was trading at about $1,230 on Monday, having sunk over 20% over the last week, CoinDesk data showed.
#Kadena #Crypto #Bitcoin
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0:00 FTX New Live.
5:00 FTX Update
10:00 Sam Bankman Fried.
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19 Comments
Which video
FTX was made to to scam crypto enthusiasts , was created by the US Government and in reality is one more USD $ Scamming scheme like ENRON the 2008 home loans crisis and so many other $US Dollar scams designed and executed by the US Government ! FTX promised to deliver crypto to its clients, but in reality their money NEVER ENTER THE CRYPTO MARKET AT ALL!
its called dropped dead with no brain
What's the name of the video?
We know they are lying. They know they are lying. They know we know they are lying. We know that they know we know they are lying and still they continue to lie
Nano biology
It’s straight out of a James Bond movie
< I love the grounded reality of this channel, its normal to see so many investors panic amid a worsening bearish market but it is also important to note that the market situation is nothing new in the crypto world. Several factors are driving negative sentiment in the stock and crypto markets right now including inflation, a shaky stock market, rising interest rates, and recession fears. As a result, bitcoin has dropped significantly from its all-time high, breaking below several key technical levels. As a crypto investor, the current situation might seem bleak. However, there are several tried and tested expert-suggested investment strategies that can help you accumulate the current crypto storm in few weeks of implementing trading with accurate signals from a renowned trader Jim Detterick I have been able to accumulate over 10.5btc despite the current state of the market.
Waiting on some crazy crypto stuff ..
They are repopulating America with low wage workers.
What is the video on rumble so I can watch it
AJ broke this fiber stuff months ago.
Link please
It is all unbelievable how it’s is playing out with FTX..
Seems like the “ I am done” is only used by Dems🪱
The <volatility of bitcoin and other leading cryptocurrencies makes any kind of price prediction notoriously difficult. Price fall means analysts remain divided over whether we are stuck in this bear market or is just suffering a brief correction on the road to more record highs. People who bought early 2019 are still profiting and they also earn by trading. So choosing the right strategy is very important when diving into Crypto, in other words it is important to have a plan! There has been a lot of interest in bitcoin trading. Trading is a lucrative opportunity as it leverages the market volatility, I have been able to make 20 BTC in just 3 weeks of trading all thanks to exclusive signals from Crypto Master, a renowned trader that is always one step ahead.
Defeat your enemies by flooding them with immigrants / usa /europe straight outa q
A crypto will break tonight
There is a demise of the rule of law FOR SURE!