Why Are Bitcoin Prices Up Today?

Bitcoin and Ethereum faced the brunt of the FTX-induced market crash that sent their prices tumbling south. Bitcoin fell to the $15,700 level reaching its November 2020 lows and Ethereum was on the brink of trading with three digits. The markets saw a bloodbath for four consecutive days from Monday to Thursday wiping nearly $200 billion worth of investments. However, Bitcoin, Ethereum, and the majority of altcoins were recovering at press time.

Here’s Why Bitcoin & The Crypto Markets Are Up Tod
By Shubhk

shubhk's Recent Blog Posts

Why Are Bitcoin Prices Up Today?
Bitcoin and Ethereum faced the brunt of the FTX-induced market crash that sent their prices tumbling south. Bitcoin fell to the $15,700 level reaching its November 2020 lows and Ethereum was on the…
2 years ago
Crypto Carnage: How Much Value Did the Markets Lose 24 Hours?
The crypto markets experienced a bloodbath on Wednesday as leading coins dramatically headed south shedding all their previously generated gains. Bitcoin reached $17,700 in the day’s trade touching…
2 years ago
Crypto Carnage: How Much Value Did the Markets Lose 24 Hours?
The crypto markets experienced a bloodbath on Wednesday as leading coins dramatically headed south shedding all their previously generated gains. Bitcoin reached $17,700 in the day’s trade touching…
2 years ago
Binance-FTX acquisition ‘could’ fail: Charles Hoskinson
The fall of FTT and the ongoing Binance-FTX episode caught the crypto community by surprise. FTX was one of the most popular exchanges, and many did not expect the firm to have insolvency issues.…
2 years ago
Will 3.36 million FTX Tokens be let out in the market in 24-hours?
FTX, its sister company Alameda, and Binance have been the talk of the crypto town over the last couple of days. Well-known decentralized autonomous organization BitDAO stepped into the picture and…
2 years ago