Title: Bitcoin Breaks Support, Hits 2-year Low!
Post by: PocketOption on Nov 09, 2022, 11:50 am
Post by: PocketOption on Nov 09, 2022, 11:50 am
Bitcoin Breaks Support, Hits 2-year Low!
Source: Bitcoin Breaks Support, Hits 2-year Low! (https://www.orbex.com/blog/en/2022/11/bitcoin-breaks-support-hits-2-year-low)
The cryptocurrency market tumbled after Binance and FTX agreed to merge.
What is being called a liquidity crunch saw the company signing a non-binding agreement to fully acquire FTX.
Bitcoin tumbled to its lowest level since November 2020 which signaled a
$3k drop.
Timestamps
BTCUSD 01:35
ETHUSD 03:00
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Source: Bitcoin Breaks Support, Hits 2-year Low! (https://www.orbex.com/blog/en/2022/11/bitcoin-breaks-support-hits-2-year-low)