Moneycontrol PRO
X

business

How FTX Exchange Collapse Led To Crypto Market's Worst Slump This Year | Binance FTX Deal

The Binance-FTX deal & the subsequent collapse of the exchange after that has led to the crypto market's worst slump of 2022. In a blow for investors, this comes just as everyone thought the crypto winter was finally nearing the end. The global crypto market cap has slipped below one trillion again, with an already-struggling Bitcoin falling a whopping 15% this month. What has really been the full impact of this week-long saga that began with Binance's failed takeover deal? Watch!

first published: Nov 12, 2022 11:52 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
CloseOutskill Genai