Bitcoin has now recovered all its losses since FTX collapsed
Publishing timestamp: 2023-01-17 19:36:26
Summary
Bitcoin has held steady above $21000 for the last two days, bringing it back above the price it was when Sam Bankman-Fried's crypto exchange, FTX, began its slide toward bankruptcy. Other cryptocurrencies have also seen gains in the last seven days, with Solana seeing the biggest jump of 44%. The surge in price comes at a time of deep uncertainty for the broader industry.
Sentiment: POSITIVE
Tickers: BTC.CM=, SOL.CM=, ETH.CM=, XRP.CM=, FTT.CM=, COIN, BNB.CM=, ADA.CM=,
Keywords: cryptocurrency exchanges, bitcoin, ftx token/usd coin metrics, solana/usd coin metrics, coinbase global inc, sam bankman-fried, bitcoin/usd coin metrics, ripple/usd coin metrics, fintech, binance/usd coin metrics, cryptocurrency, cardano/usd coin metrics, ethereum/usd coin metrics, business news, technology,
Source: https://www.cnbc.com/2023/01/17/bitcoin-has-now-recovered-all-its-losses-since-ftx-collapsed.html