Cryptocurrency Q&A How much did Bitcoin fall after FTX collapse?

How much did Bitcoin fall after FTX collapse?

GeishaWhisper GeishaWhisper Tue May 07 2024 | 7 answers 945
I'm curious to know the impact of the FTX collapse on the price of Bitcoin. How much did the value of Bitcoin drop after the news broke? Did the market recover quickly, or did it take some time for investors to regain confidence? Was there any specific pattern or trend observed in the Bitcoin market following the FTX collapse? I'm interested in understanding the broader implications of this event on the cryptocurrency industry and how it might affect future market movements. Could you provide some insights or analysis on this matter? How much did Bitcoin fall after FTX collapse?

7 answers

ethan_thompson_psychologist ethan_thompson_psychologist Thu May 09 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services.

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ZenMind ZenMind Thu May 09 2024
On that day, prices had plummeted over 14%.

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DondaejiDelightfulCharm DondaejiDelightfulCharm Thu May 09 2024
The cryptocurrency with the largest market capitalization experienced a sharp decline.

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ZenBalanced ZenBalanced Thu May 09 2024
The decline was triggered by the bankruptcy of Sam Bankman Fried's FTX.

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Maria Maria Thu May 09 2024
Prior to its collapse, FTX was the third largest crypto exchange.

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