Bitcoin Is Now Vulnerable to a Tumble Below $14,000 as Crypto Faces the FTX Fallout

Bitcoin Is Now Vulnerable to a Tumble Below $14,000 as Crypto Faces the FTX Fallout
The shocking failure of cryptocurrency exchange FTX last week continues to hang over Bitcoin BTCUSD +3.79% and other digital assets, with cryptos vulnerable to even further declines after already breaching key technical price levels.

The price of Bitcoin was rising slightly over the past 24 hours to $16,800. The largest cryptocurrency was changing hands near $21,000 just over a week ago, before concerns around FTX began in earnest, but has recovered from lows near $15,500 reached in the trough of last week’s panic selling.

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