Bitcoin (BTC) $56,166.66 -1.06%
Ethereum (ETH) $2,369.71 -0.93%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 130.500783 -1.57%
Dogecoin (DOGE) $0.10 0.05%
Cardano (ADA) $0.32 -1.25%
Chainlink (LINK) $9.94 -2.35%
Litecoin (LTC) $65.69 -0.86%
Polygon (MATIC) 0.370356 -2.82%
Helium (HNT) 8.296984 2.24%
Dash (DASH) $23.86 -0.01%
X-CASH (XCASH) 1.0E-6 2.73%

Cryptocurrencies: 22845

Markets: 83121

Market Cap: $1,975,203,902,777

24h Vol: $64,901,144,366

Bitcoinist

2022-11-10 12:10:35

How FTX Collapse Caused Crypto Market To Shed Over $100 Billion In 24 Hours

How FTX Collapse Caused Crypto Market To Shed Over $100 Billion In 24 Hours

Major cryptocurrencies are down with some depreciating in value more than 10% in the past 24 hours. Just days earlier, Binance CEO Changpeng Zhao announced that FTX asked for help in dealing with the ongoing liquidity problem in the troubled exchange. This prompted a strong bearish response from the crypto market. Almost immediately after Binance

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