Read in the Digest:
Bitcoin (BTC) falls to two-year low at $15.8k, Ethereum (ETH) & DOGE decline
FTX owes $3.1 billion to its 50 largest creditors, asks other exchanges to help
Examiner says Celsius had ‘insufficient’ accounting and operational controls
EMURGO to launch Cardano’s first regulated stablecoin, USDA, by 2023
Grayscale refuses to share proof of trust reserves, cites security concerns
Bitcoin (BTC) falls to two-year low at $15.8k, Ethereum (ETH) & DOGE decline
As the full effect of the FTX implosion slowly comes to light, the crypto market suffered another sharp decline. On Sunday, November 20th, the price of Bitcoin (BTC) tanked by more than 5% to drop under $15,800.
Bitcoin’s drop under $15.8k is the first time the asset will drop under the zone in two years. However, Bitcoin has recovered slightly, now trading at $16,060 with a 3% decline over the last 24 hours.
The 24-hour price chart for Bitcoin (BTC). Source: CoinMarketCap
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