Crypto Respond Sideways to FTX and related crises

Crypto markets responded to the latest events with their recent sangfroid, with bitcoin and other major cryptos trading sideways, some tokens a bit to the green and others slightly in the red. The largest cryptocurrency by market capitalization was recently up about 1% and hovering comfortably over its $16,000 support of the past nine days. Ether was recently changing hands above its most recent about $1,200 support, off a couple of smidgens of a percentage point. XRP was recently up nearly 3% but the popular meme coins DOGE and SHIB were down slightly.

Source: https://www.coindesk.com/markets/2022/11/17/market-wrap-crypto-respond-sideways-to-ftx-and-related-crises/?utm_medium=referral&utm_source=rss&utm_campaign=headlines