The world’s largest cryptocurrency is under selling pressure and has fallen below $16,000 for the first-time since 2020. The entire crypto market has been affected by the collapse of the crypto exchange FTX. The market has been faced with the challenge of meeting the increased liquidity demand by crypto lenders.
CoinGape’s first article was Warning: Bitcoin (BTC), Could Drop to $5,000 in Another Domino After FTX appeared on CoinGape.