Bitcoin, Technical Analysis: BTC below $16,000 in a Market Volatility Increased
On Nov. 21, Bitcoin fell below $16,000 as markets reacted to the news that another firm was affected by the FTX contagion. As it seeks to stabilize its liquidity pool, Genesis Block, a Hong Kong-based crypto ATM company, has ceased operations. Prices for Ethereum remained below $1200, which also led to a drop in Ethereum prices. Bitcoin Bitcoin (BTC).