Cryptocurrency Q&A
How much did Bitcoin fall after FTX collapse?
How much did Bitcoin fall after FTX collapse?
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?
7 answers
ethan_thompson_psychologist
Thu May 09 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services.
Was this helpful?
143
31
ZenMind
Thu May 09 2024
On that day, prices had plummeted over 14%.
Was this helpful?
75
57
DondaejiDelightfulCharm
Thu May 09 2024
The cryptocurrency with the largest market capitalization experienced a sharp decline.
Was this helpful?
172
36
ZenBalanced
Thu May 09 2024
The decline was triggered by the bankruptcy of Sam Bankman Fried's FTX.
Was this helpful?
159
36
Maria
Thu May 09 2024
Prior to its collapse, FTX was the third largest crypto exchange.
Was this helpful?
53
62
Load 5 more related questions
