Crypto volatility back to FTX levels, with $791 million of liquidations in 4 days as SVB collapse rocks market
Key Takeaways Crypto volatility is back up to levels last seen when FTX collapsed in November $791 million of liquidations rocked investors between Thursday and Sunday $383 million of longs were liquidated on Thursday and Friday, the largest 48-hour number of the year News that deposits will be made whole at SVB propelled the market […]
Bitcoin now at its pre-FTX collapse level
At press time, bitcoin (BTC) was trading at $21,507.97. Bitcoin price has surpassed where it stood on November 5 just prior to the FTX collapse. It now stands at its highest price since mid-September last year. 2022 was definitely not a very good year for crypto and especially for bitcoin (BTC) which was trading below […]
GMX token (GMX/USD) benefits from FTX collapse and breaks from consolidation
GMX token has more than doubled in price The DEX has witnessed increased activity in November GMX broke from consolidation and is a buy on a retracement GMX token (GMX/USD) has doubled in price. Trading at just $25 on November 10, the cryptocurrency touched a high of $59 on December 2. The gains come amid […]