Business Standard

Crypto wrap: Bitcoin prices may fall before bouncing back, say experts

The cryptocurrency market cap remained below $850 billion in the last seven days, and on Friday, the market cap was $835 billion

Cryptocurrencies
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Raghav Aggarwal New Delhi
In the last one week, the main news in the cryptocurrency world was the fall of once the third-largest crypto exchange in the world, FTX. The crypto market cap remained below $850 billion. On Friday, the market cap was $835 billion. In the last seven days, it has fallen by $50 billion. Bitcoin prices are down 3.5 per cent and Ethereum was down 4.8 per cent. FTX's token, FTT was down 4.4 per cent. However, since the start of November, the price of FTT has fallen by nearly 99 per cent.

"Last week witnessed the collapse of one of crypto's

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