Reported 2 months ago
Bitcoin has faced its worst week since the collapse of the FTX exchange, plummeting 20% and briefly dropping below $50,000. This recent decline followed optimistic investor sentiment sparked by hopeful regulatory prospects and SEC approvals for new ETFs. In contrast, Ether suffered even heavier losses of 27%. Despite the decline, Bitcoin remains up 27% since the beginning of the year, suggesting potential resilience in the crypto market.
Source: YAHOO