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Bitcoin has now recovered all its losses since FTX collapsed - TL;DR CNBC

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=COINBNB.CM=ADA.CM=

Keywords: cryptocurrency exchangesbitcoinftx token/usd coin metricssolana/usd coin metricscoinbase global incsam bankman-friedbitcoin/usd coin metricsripple/usd coin metricsfintechbinance/usd coin metricscryptocurrencycardano/usd coin metricsethereum/usd coin metricsbusiness newstechnology

Source: https://www.cnbc.com/2023/01/17/bitcoin-has-now-recovered-all-its-losses-since-ftx-collapsed.html


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