Bitcoin Breaks Support, Hits 2-year Low!

[PocketOption]

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

Start trading the most popular cryptocurrencies with Orbex - Open Your Account Now.

The post Bitcoin Breaks Support, Hits 2-year Low! appeared first on Orbex Forex Trading Blog.

Source: Bitcoin Breaks Support, Hits 2-year Low!