The price of Bitcoin and Ethereum has plummeted in the past 24 hours, with the total crypto market cap now sitting at $914 billion, a 10.6% drop in the last 24 hours. According to CoinGecko, Ethereum’s price now sits at around $1,229, a 17% fall in the last 24 hours. This now places the second-largest cryptocurrency by market capitalization at 74.1% from its historical high of $4,878.26 in November 2021. Bitcoin fared somewhat better, falling nearly 10% to $17,809. Binance’s proposed purchase of FTX has likely been one of the driving factors behind these market moves. On ...
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