Cryptocurrencies Slide As Concerns Over FTX Exchange Rattle Markets

8 November 2022

Cryptocurrencies fell heavily on Tuesday and the in-house token of major crypto exchange FTX slumped by over 15% as investors appeared to take fright at talk of pressure on FTX’s financials. FTX has come under pressure after Changpeng Zhao, head of rival exchange Binance – the world’s largest – said on Sunday his firm would liquidate its holdings…

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