How much Bitcoin, Ethereum and other cryptocurrencies are trading this Friday, November 11

How much Bitcoin, Ethereum and other cryptocurrencies are trading this Friday, November 11

Despite having opened the day with rises, after BlockFI’s announcement, Bitcoin falls 1.2% but remains above the $17,000 barrier, after reaching US $ 18,000 in the previous day. For its part, Ethereum soars 7.8% to $1,292 and Ripple rebounds 7.7%. The surprise is given by Binance, that grows 5.5% and accumulates two days of increases.

The latest news from the FTX scandal

The exchange announced an agreement with Justin Sun, a leading developer of the Tron blockchain, to allow holders of the native tokens TRON (TRX), BitTorrent (BTT), JUST (JST), SUN, and Huobi Token (HT) to trade assets. from FTX to external wallets.

This happens after the exchange restricted the withdrawal of funds. “FTX is currently unable to process withdrawals. We strongly recommend that you do not deposit,” CriptoNoticias assured.

This week cryptocurrencies faced drops of up to 20% and even Bitcoin entered the $16,000 arena after news broke that the exchange FTX was unable to cope with a high liquidation demand causing a run among investors. The industry was again affected by mistrust after a new bankruptcy case, after the experience of Celsius and 3ARROWS that also produced a collapse in the value of cryptocurrencies and a “snowball” effect.

Source: Ambito

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