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Why Crypto Prices Are Still Crashing and Will The Bleeding Stop Soon?

Crypto prices continue to crash after Binance pulled the plug on its proposed acquisition of FTX and the troubled exchange said it was facing bankruptcy unless it could raise $4 billion. Meanwhile, the bitcoin price fell...

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Why Crypto Prices Are Still Crashing and Will The Bleeding Stop Soon?
Crypto prices continue to crash after Binance pulled the plug on its proposed acquisition of FTX and the troubled exchange said it was facing bankruptcy unless it could raise $4 billion.  
Meanwhile, the bitcoin price fell to as low as  $15,597, but has since recovered 3.5% to trade at $16,350.
If today's US CPI inflation figures come in soft then expect a bounce in crypto prices, which means $15k could have been the bottom for bitcoin. ...
Read More: Why Crypto Prices Are Still Crashing and Will The Bleeding Stop Soon?

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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