Bitcoin, Ethereum, Solana Swing Wildly as Market Reacts to Binance-FTX Bombshell

[Google News Bot]

Bitcoin, Ethereum, Solana, and most other cryptocurrencies are experiencing a brutal sell-off following wild price gyrations today as traders make up their minds about what to do with the news that Binance is acquiring FTX. Bitcoin, the largest cryptocurrency by market cap, was already suffering this morning, trading below $20,000 after traders liquidated their futures positions and sold-off their holdings last night. Then news dropped that Binance, the world’s biggest digital asset exchange, was buying its primary competitor FTX, following a public feud between the two CEOs of the co ...

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