Market Wrap: Bitcoin, Other Cryptos Continue to Plummet

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The misery of crypto markets appeared boundless amid crypto exchange giant FTX’s ongoing distress. $BTC fell to its lowest level in two years. JPRubin23, and _jocelynyang_ report

"This is another one of those catalysts," said Bob Iaccino, Path Trading Partners co-founder and chief market strategist."I wouldn't be surprised if bitcoin went as low as $9,000, which for me, as someone who got out of bitcoin and is waiting to get in again, would actually be a positive."was recently changing hands at about $1,150, off roughly 12% to its lowest level since July.

Other major cryptocurrencies continued to plunge for a third consecutive day as investors fretted over every development in an industry already rocking from calamities involving crypto giants Terraform Labs, Three Arrows Capital and Celsius Network.had recently dropped almost 50% a day after plummeting about 80% and was trading at just $2.62. The Solana platform’s SOL token had recently fallen more than 45% to continue its downward momentum of recent days.

 

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FTX_Official nansen_ai Wasn't there a comment saying Nansen doesn't track tron and there was a tron inflow to offset outflow on kucoin

JPRubin23 _jocelynyang_ It's bouncing back CZ made the right decision

JPRubin23 _jocelynyang_ out then you’re making a huge mistake, stay cautious, trade carefully y’all You ought to be following _storm24 , he’s always available during ups and down, hes tweets, TA, predictions & tips are so accurate, I’ve been doing superb Follow him

JPRubin23 _jocelynyang_ Oh man, its going to be a slaughter

JPRubin23 _jocelynyang_ GotGold

JPRubin23 _jocelynyang_ Out of Bitcoin rainbow chart for the first time ever

JPRubin23 _jocelynyang_ Good

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