Name: Crypto Markets Entering the 'Depression' Phase Amid FTX Bankruptcy Filing
Uploaded: 2022-11-11T16:17:29.000Z
Duration: 1 min 17 s
Description: Following FTX's Chapter 11 bankruptcy filing and CEO Sam Bankman-Fried's resignation, bitcoin (BTC) immediately dipped to the $16,000 level. "There's likely more pain ahead before we can finally form a bottom," said Matt Weller, Forex.com Global Head of Research.

CD20$2,048.312.71%BTC$73,901.590.78%ETH$2,025.320.92%XRP$1.342.31%SOL$82.831.51%

Crypto Markets Entering the 'Depression' Phase Amid FTX Bankruptcy Filing | CoinDesk Videos

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CD20$2,048.312.71%BTC$73,901.590.78%ETH$2,025.320.92%XRP$1.342.31%SOL$82.831.51%

Crypto Markets Entering the 'Depression' Phase Amid FTX Bankruptcy Filing | CoinDesk Videos