The price of bitcoin is threatening to fall under $16,000 after news that Binance has decided to back away from its plans to acquire the collapsing exchange FTX.
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Bitcoin price swings to over $20K as Binance helps FTX ‘liquidity crunch’Volatility is back with a bang. Turmoil over crypto exchange FTX has punished markets further and sees Bitcoin battling support.
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Bitcoin price risks $17K amid claim Binance may reject FTX takeoverBitcoin drops even lower amid rumors of the Binance takeover of FTX falling through.
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FTX and Binance beef bothers crypto market, bitcoin plunges below $20,000FTX and Binance look set to be the main event while traditional markets brace for economic indicators.
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Market Wrap: Binance/FTX Deal Sends Bitcoin, Other Cryptos SpiralingCrypto prices whipsawed following the announcement that exchange giant Binance would be purchasing one of its largest rivals. Bitcoin recently sank below $19K. JPRubin23, GWilliamsJr_CMT and _jocelynyang_ report
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Bitcoin falls to two-year low after crypto exchange Binance proposed to buy rival FTXBinance, the world’s largest crypto exchange, has signed a letter of intent to buy the non-U.S. assets of FTX, according to Binance’s co-founder and chief executive. If completed, the acquisition could be the most high-profile deal in the crypto space.
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FTX Token Falls 80% Despite Binance Bailout as Alameda Contagion Spreads to BitcoinThe FTX exchange’s FTT token dump could theoretically wipe out billions from Alameda's balance sheet, deepening its financial woes, according to an analyst. Bitcoin (BTC) hits 23-month low. sndr_krisztian reports
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