In the coming days, it is highly likely that the bitcoin rate will remain at the same values - in the range of 16.3-16.5 thousand dollars per coin. Comparable factors in scale, such as the bankruptcy of the FTX exchange, are unlikely to be expected next week. opens Words of the head of the analytical department of AMarkets Artem Deev RBC.
“Following the turmoil over the collapse of the FTX exchange, the crypto market froze in anticipation of new factors for action. “It’s probably not going to be a big change – bitcoin is currently trading at $16.4K, the same dynamics are expected next week (in the $16.3-16.5K range),” he said.
At the same time, some major companies, including decentralized finance and the dUSD stablecoin Ardana ecosystem, as well as cryptocurrency lender Matrixport were cash-strapped. The former has suspended development of one of its own projects, and the latter lacks $100 million, but Deev notes that the significance of these factors for the crash on the FTX exchange is still low.
November 25 Binance Exchange announced On the creation of a $1 billion fund to help the crypto industry after FTX’s bankruptcy. At the same time, in the future, the trading platform plans to double its volume, if necessary, to $ 2 billion. The funds of the created fund will go to provide financial assistance to companies operating in the global cryptocurrency market.
Source: Gazeta
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