Crypto prices are falling sharply today as Binance pulled out of a deal to rescue troubled crypto exchange FTX. Bitcoin, Ethereum, FTT (FTX Token) and other cryptocurrencies are experiencing large price drops. Get the latest on the crypto crash and FTX situation in our LIVE BREAKING NEWS COVERAGE.
The major crypto exchange FTX has suddenly experienced major difficulties in recent days, asking crypto exchange Binance for help due to a “liquidity crunch.”. Binance today announced it will no longer step in to take over the distressed FTX. Cryptocurrency prices have fallen sharply both yesterday and today, with Bitcoin down over 20% since Wednesday, and FTT (FTX Token) down around 90% in two days. There are worries the crypto contagion could spread further. In this interactive live stream, host Steve Lookner brings you the latest breaking news updates on the crypto price drop and FTX situation, and he’ll also read your comments and questions on the air!
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