In the aftermath of the FTX collapse, the
cryptocurrency community was left reeling with questions and concerns regarding the stability of digital assets. Specifically, the spotlight was turned towards Bitcoin, the flagship cryptocurrency. Many wondered: How did Bitcoin fare in the wake of this high-profile failure? Did it see a sharp decline in value? Or did it remain resilient, standing as a beacon of stability in the crypto landscape? The collapse of FTX not only raised questions about the regulatory oversight of the industry but also tested the resilience of Bitcoin, which has long been hailed as a safe haven asset. Understanding the impact of this event on Bitcoin is crucial for investors and market participants alike.