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crypto markets
Crypto Markets Entering the 'Depression' Phase Amid FTX Bankruptcy Filing
Following FTX's Chapter 11 bankruptcy filing and CEO Sam Bankman-Fried's resignation, bitcoin (BTC) immediately dipped to the $16,000 level. "There's likely more pain ahead before we can finally form a bottom," said Matt Weller, Forex.com Global Head of Research.

Bitcoin Dips to 2-Year Low as Binance Backs Out of FTX Deal
Bitcoin (BTC) dropped to its lowest level in two years on Wednesday as traders processed the news that Binance retreated from an earlier plan to buy troubled exchange FTX. Citi’s Digital Asset Analyst Joe Ayoub discusses the performances of BNB and FTT tokens and other players affected by the FTX crisis. Plus, an outlook on the stumbling market.

Bitcoin Tumbles Below $17K Amid Worries Over FTX-Binance Deal
The fallout of crypto exchange giant FTX's liquidity concerns continues to rattle the crypto markets. Bitwise Chief Investment Officer Matt Hougan discusses his outlook for bitcoin (BTC) as the cryptocurrency falls below $17,000 to its lowest level in 23 months.

$940M Bitcoin 'Longs' Liquidated in 48 Hours
Nearly $1 billion worth of bitcoin (BTC) in long positions on crypto exchanges were liquidated as markets fell on FTX contagion fears, according to Coinglass data. Total crypto market capitalization slid to $900 billion from over $1 trillion on Wednesday morning as traders reacted to speculation around prominent exchange FTX's liquidity issues. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Bitcoin Tumbles Following FTX’s Liquidity Crisis
Bitcoin (BTC) dipped 10% and ether (ETH) 17% in the past 24 hours as traders reacted to speculations around prominent exchange FTX’s liquidity issues. Defiance ETFs CEO, CIO, and co-founder Sylvia Jablonski discusses her outlook on the tumbling market.

Has Bitcoin Bottomed Out?
Tactive Wealth Advisor Eddy Gifford discusses his outlook for bitcoin (BTC) and whether the cryptocurrency has bottomed out amid low volatility. Plus, his take on the impact of the U.S. Federal Reserve's interest rate hikes and the upcoming midterm elections on the crypto markets.

Greg King on Bitcoin Volatility: Flat Is the New Up
Bitcoin has remained less volatile than the S&P and Nasdaq over the past three months. "If we can hold here ... that's really positive for 2023," says Osprey Funds founder and CEO Greg King.

What This Week's Fed Decision, Jobs Report Means for Crypto
The U.S. Federal Reserve approved a fourth straight interest rate hike this week, while the Department of Labor said employers added 261,000 jobs in October. CoinDesk Markets Managing Editor Brad Keoun discusses the implications for the crypto markets and global finance. Plus, CoinDesk Research Analyst George Kaloudis on bitcoin's hashrate and volatility.

Bitcoin Higher After October Jobs Report
261,000 U.S. jobs were added in October, beating economists' forecasts. The unemployment rate rose to 3.7% versus expectations for 3.6%. Medley Global Advisors Managing Director Ben Emons discusses the impact of the latest economic data on the crypto markets.

What the October Jobs Report Means for Crypto
The October Jobs Report reveals U.S. nonfarm payrolls beat estimates and grew by 261,000, while the unemployment rate rose to 3.7%. This comes as the U.S. Federal Reserve is aiming to bring down inflation significantly. Medley Global Advisors Managing Director Ben Emons discusses the data and the implications for the crypto industry.
