Bitcoin Trades Near $61,300 After Worst Week Since FTX Collapse Wipes $390 Billion From Crypto
Bitcoin has recorded its worst weekly performance since the 2022 FTX collapse, sliding below $60,000 in a rout that erased roughly $390 billion in crypto market value. A Drawdown Not Seen Since 2022 Bitcoin closed out one of its ugliest stretches in years, dropping about 17.3% while ether fell roughly 22%, the largest weekly declines
News Analysis
This analysis is for informational purposes only and does not constitute investment advice
Bitcoin has seen a drawdown of 17.3% in a worst-week period since the 2022 FTX collapse, erasing roughly $390 billion from the crypto market.
