Tag Archives: Cryptos attempt to steady as Binance-FTX deal chills market

Cryptocurrencies were jittery and groping for a floor on Wednesday, after a sharp and broad drawdown when nerves about the stability of exchange FTX turned to a rush of withdrawals and ultimately a bailout deal from bigger rival Binance. Bitcoin, the biggest cryptocurrency by market value, was down one per cent at $18,400, after a 10pc plunge on Tuesday that marked its …

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