Bitcoin slips under $17K, crypto stocks tumble in reaction to FTX bankruptcy

Bitcoin slips under $17K, crypto stocks tumble in reaction to FTX bankruptcy

Market Analysis
November 13, 2022 by secret
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[ad_1] Bitcoin (BTC), Ether (ETH) and cryptocurrency-linked stocks like MicroStrategy are seeing a sharp downturn after news broke that FTX announced filing for Chapter 11 bankruptcy and Sam Bankman-Fried stepped down as CEO.  Bitcoin, Ether and MicroStrategy comparison. Source: TradingView Crypto-linked stocks decline MicroStrategy’s stock, led by the outspoken Bitcoin advocate Michael Saylor, is down