Investors liquidated their holdings of cryptocurrencies this Friday (11) amid another episode of uncertainty for these assets: the bankruptcy declaration of broker FTX. This could trickle down to other cryptocurrency firms, say cryptocurrency players in the region.
In Friday trading, bitcoin (BTC) fell 5.36% to US$16,853.33 and ether (XET) fell 5.09% to US$1,254.20. And there is room for further appeal.
Reinaldo Rabelo, CEO of Brazil. 🇧🇷 🇧🇷
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