Bitcoin, Ethereum Technical Analysis: BTC Heads Lower on Saturday, as FTX Saga Continues

Bitcoin, Ethereum Technical Analysis: BTC Heads Lower on Saturday, as FTX Saga Continues


In a week of turbulence, cryptocurrencies maintain this sentiment into the weekend, with both bitcoin and ethereum moving lower. Bitcoin once again slipped below $17,000 on Saturday, as it was reported that a hack on FTX had taken place. Ethereum also moved lower today, as the token remained below $1,300.

Bitcoin

Bitcoin (BTC) was back below $17,000 to start the weekend, as markets reacted to the latest news surrounding FTX.

Trending: Dr. Ryan Cole Says OB/GYN’s Are Sending Him Placentas From Vaxxed Mothers to Examine (And It’s Bad!)

It was reported that FTX had suffered a hack, which saw $600 million withdrawn from the collapsing platform.

In a week which has been dominated with FTX related news, crypto somewhat responded to the headlines, with BTC falling into the red as a result.

BTC/USD dropped to an intraday low of $16,543.48 on Saturday, less

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Daily Truth Report • DailyTruthReport.com
Thanks for sharing!
Send this to a friend