Crypto markets tumbled Monday as traders got spooked by the potential selling pressure from bankrupt exchange FTX. Bitcoin (BTC) fell more than 2% and briefly dipped to as low as $24,963 during U.S. morning hours, its first time below the $25,000 level since mid-June. It has pared some of those losses since, now trading at around $25,140, 2.6% lower in the last 24 hours.
Source: https://www.coindesk.com/markets/2023/09/11/bitcoin-drops-below-25k-with-altcoins-bracing-for-deeper-crash-from-ftx-crypto-sale/?utm_medium=referral&utm_source=rss&utm_campaign=headlines