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Crypto Prices Fall as FTX Rescue Deal Collapses – LIVE BREAKING NEWS COVERAGE (Bitcoin News)


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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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14 Comments

  1. I love the grounded reality of this channel… TA is all well and good but I find it truly baffling that all major crypto YouTubers just look at pure TA and completely ignore the bigger narrative of why BTC is pumping and why the future outlook might not be as rosy as it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market. This is the worst possible time in history to invest as so many don't back up their crypto assets. More emphasis should be put on day trading as it is less affected by the unpredictable nature of the market. I have made over 1.8btc from day trading with Jim Detterick’s insights and signals in less than 2 weeks, this is one of the best mediums to backup your assets in case it goes bearish.<The fact is, BTC is the future of crypto and the questions traders ask themselves now if this is the right time to invest? before jumping to a conclusion I think you should take a look at things first.. while others still continue to trade without the fear of making a loss, others are being patient. it all depends on the pattern with which you trade and the source of your signal. You can reach Jim Detterick on ͲeIєɠɾαm
    👉👉
    ( Dettericktrade.) He runs a program for investors/newbies who lack an understanding of how trading Bitcoin works.

  2. "Success does not consist in never making mistakes but in never making the same one a second time." __George Bernard Shaw

  3. Was it over inflated? its being sold like merchandise on the stock market , not cool, needs stability , otherwise its a scam or too risky. If this is the case, the Fed should stay clear of crypto to safeguard society, and just let those willing to give it a try.

  4. I love these streams, Steve. You explain these new topics very well for us to understand. I love to learn new things here.

  5. These past few days watching my crypto portfolio decline is very disheartening.… Holding doesn't really profit much. Any ideas on how to earn better on the short run?

  6. Perhaps you should know what you are talking about before releasing on Youtube….just a thought!

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