Bitcoin Facing An Existential Crisis As Exchange Meltdown Continues ...Middle East

Economy by : (OILPRICE) -
Bitcoin could tumble to as low as $13,000 as the industry is rocked by the crisis at the crypto exchange FTX, JP Morgan has warned. The digital asset bourse was plunged into fresh trouble last night when the world’s biggest exchange and its main rival Binance walked away from a rescue deal. FTX had struck a non-binding deal to sell itself to Binance amid a major liquidity crunch, but Binance reportedly took fright at the state of the exchange’s books and aborted the takeover. Analysts at JP Morgan have now predicted that the shockwaves…

Hence then, the article about bitcoin facing an existential crisis as exchange meltdown continues was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Bitcoin Facing An Existential Crisis As Exchange Meltdown Continues )

Last updated :

Also on site :

Most Viewed Economy
جديد الاخبار