Bitcoin, Ether Slide as Protective Puts Draw Demand Amid Sell-Off in FTX’s Token
Crypto market leaders bitcoin (BTC) and ether (ETH) shed their relative calm and faced selling pressure early Tuesday as FTT, the native token of cryptocurrency exchange FTX, nosedived to 21-month lows on lingering concerns regarding trading firm Alameda’s balance sheet. At 4:30 UTC, bitcoin traded 4.3% lower on the day at $19,700, while ether changed … Read more