Bitcoin Prices Fall To Roughly 2-Year Low As Crypto Market Suffers Widespread Losses

  • 📰 Forbes
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Bitcoin prices declined to their lowest in approximately two years today as many digital currencies experienced notable declines. These widespread losses took place as Binance's potential acquisition of FTX continued to dominate headlines.

this development on Twitter, stating that “This afternoon, FTX asked for our help. There is a significant liquidity crunch.”

“To protect users, we signed a non-binding LOI, intending to fully acquire FTX.com and help cover the liquidity crunch,” he continued. “We will be conducting a full DD in the coming days,” he stated, referring to due diligence.on Twitter, in which he emphasized that the circumstances had “severely shaken” the confidence of users.

While CoinDesk reached out to both Binance and FTX regarding the matter, neither organization provided any comment. Further, CZ’s Twitter account had not provided any statement on the aforementioned CoinDesk article at the time of this writing.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

happypeoplebaby waiting to see how low it go.

everyone saw this coming.. and guess what else we see.. wait for it

Ya hate to see it.😂

Biggest joke ever. I’ve lost hundreds of dollars on crypto. I kinda feel like it was a fad that has passed. Hopefully it goes back up so I can be up again.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines