Name: Potential Altcoin Overhang Could Turn Into 'Unfortunate Snowball Effect' Amid FTX Concerns: Advisor
Uploaded: 2023-09-12T14:32:05.000Z
Duration: 8 min 59 s
Description: Bitcoin (BTC) jumped above $26,000 and reversed Monday's decline to three-month lows under $25,000, a move best described as a short squeeze. Tactive Wealth Advisor Eddy Gifford discusses his crypto markets outlook, as investors digest the possibility of FTX securing approval from bankruptcy court to sell assets from its $3.4 billion of cryptocurrency holdings.

CD20$2,038.761.03%BTC$73,830.440.31%ETH$2,012.720.89%XRP$1.331.04%SOL$82.740.45%

Potential Altcoin Overhang Could Turn Into 'Unfortunate Snowball Effect' Amid FTX Concerns: Advisor | CoinDesk Videos

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