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Home»Market»Why Did Bitcoin’s Price (BTC) Plunge 11% in Worst Week Since FTX’s Collapse?
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Why Did Bitcoin’s Price (BTC) Plunge 11% in Worst Week Since FTX’s Collapse?

August 20, 2023No Comments1 Min Read
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BTC’s price slipped below $26,000 Friday afternoon after a rally toward $27,000 – which erased some of Thursday’s sharp decline – fizzled. The largest cryptocurrency by market capitalization had plummeted to $25,392 Thursday afternoon, hitting its lowest price since mid-June, amid cascading liquidations of leveraged trading positions.

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See also  Solo Bitcoin Miner Beats the Odds, Scoring $365K BTC Jackpot
Bitcoins BTC Collapse FTXs Plunge Price Week Worst
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