Another Week Low for Bitcoin

Bitcoin News

The whole drama with the malpracticing FTX platform ensuring a deeper dive for cyclical crypto price crash happening earlier brings more.

Apparently, the Bitcoin and other alt coins alike are dropping down slightly more now.

Bitcoin was last lower by 4% to trade around $15,725.02, according to Coin Metrics. Earlier in the day it fell as low as $15,586.94, its lowest level since Nov. 10. Ether

 fell 8% to $1,081.56.

The cryptocurrency market has come under pressure over the last two weeks as problems at major exchange FTX came to light.

From Nov. 6 — the day Binance CEO Changpeng Zhao said his exchange would liquidate its FTT tokens — the crypto market has lost more than $260 billion of value.

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