Bitcoin (BTC) was recently trading at around $16,600, little changed over the past 24 hours. The largest cryptocurrency by market capitalization hovered over its latest $16,000 support for a ninth consecutive day. BTC dropped below its previous $19,000 support as the first threads of Sam Bankman Fried’s FTX empire began unraveling.(Genesis owner Digital Currency Group (DCG) is also the parent company of CoinDesk.)
Source: https://www.coindesk.com/markets/2022/11/17/bitcoin-holds-steady-over-16k-amid-widening-ftx-fallout/?utm_medium=referral&utm_source=rss&utm_campaign=headlines