26-April-2024
Markets and Finance
 
Cryptocurrency market plunges in chaos; Bitcoin miners sell actively
24-Nov-2022

Following the collapse of the cryptocurrency exchange FTX and the bear market, digital assets’ value seems to be struggling to break through the $16,000 barrier. Thus, marking pressure on Bitcoin (BTC) miners to sell more of their output. “The overall cryptocurrency market cap is back above the $800 billion mark with heavyweights such as Bitcoin and Ether leading the trade. The cryptocurrency leaders are discussing the FTX fallout openly and brainstorming the corrective measures on public platforms which are restoring investor confidence,” Shivam Thakral, CEO, BuyUcoin, a cryptocurrency exchange company told FE Blockchain.

News Source:- https://www.financialexpress.com/blockchain/cryptocurrency-market-plunges-in-chaos-bitcoin-miners-sell-actively/2889429/
 
 
 

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