 "Crypto")
Cryptocurrency prices have remained muted amid intense selling pressure. The FTX saga has resulted in liquidity pressures in brokerages as big as Genesis. Total market capitalisation fell below the $800 billion mark during the week but later recovered marginally. On Friday, it was at $826 billion. Bitcoin was trading at $16,451, and Ethereum was at $1,180.
"This week, the broader crypto market came under intense selling pressure due to Genesis dealing with liquidity issues. Before the FTX fiasco, Bitcoin traded around the $19,000 level but fell to $15,000 before finding support above the $16,000 zone. Bitcoin has been holding well
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