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Bitcoin dips below $17K as crypto market waits on FTX-Binance deal

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Bitcoin briefly traded below $17,000 as doubts about whether Binance would follow through on its announced plan to purchase FTX.com continued to roil markets.

“This is very bad for the industry,” a former European Parliament regulator and current advisor on several crypto legislations in the EU institutions said.

 

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What happens if it gets below the price miners need to make a profit?

Get out of the shitcoin casinos people. bitcoin ONLY.

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Market Wrap: Binance/FTX Deal Sends Bitcoin, Other Cryptos SpiralingCrypto prices whipsawed following the announcement that exchange giant Binance would be purchasing one of its largest rivals. Bitcoin recently sank below $19K. JPRubin23, GWilliamsJr_CMT and _jocelynyang_ report JPRubin23 GWilliamsJr_CMT _jocelynyang_ 🕰💀💸🧻⚖️ JPRubin23 GWilliamsJr_CMT _jocelynyang_ And below $17K (check low).
Fonte: CoinDesk - 🏆 291. / 63 Consulte Mais informação »