Bitcoin drops below $20,000, set for worst week since FTX crash

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Bitcoin drops below $20,000, set for worst week since FTX crash
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Bitcoin hit by equity selloff, fear over higher interest rates and an escalating U.S. regulatory crackdown on crypto. Find out more

is having its worst week since November as an equity selloff, fear over higher interest rates and an escalating U.S. regulatory crackdown on crypto combine to hurt investor sentiment.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYUnlimited online access to articles from across Canada with one account

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FTX’s loss may be Avalanche’s gain, but here’s where AVAX standsFTX’s loss may be Avalanche’s gain, but here’s where AVAX standsAvalanche partners with gaming company TSM to increase interest in the protocol Number of users have declined as the price of AVAX fell Even though the FTX collapse was a massive hit to the crypto-market, Avalanche managed to benefit from this ordeal. TSM, a popular gaming firm, had plans to establish its own crypto-based gaming […]
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Crypto-focused bank Silvergate plans to wind down operations after blow from FTX collapseCrypto-focused bank Silvergate plans to wind down operations after blow from FTX collapseThe decision to shutter the bank comes after Silvergate Capital warned last week that it was evaluating its ability to operate as a going concern
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Dogecoin, Shiba Inu bleed as market braces itself for FTX-like scenarioDogecoin, Shiba Inu bleed as market braces itself for FTX-like scenarioBoth DOGE and SHIB registered double-digit losses in the last seven days. The number of whale transactions increased sharply, implying a sell-off. Prominent meme coins like Dogecoin [DOGE] and Shiba Inu [SHIB] traded in the red as the FUD triggered by the collapse of the crypto-friendly bank, Silvergate, continued to engulf the broader cryptocurrency market. […]
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Bitcoin Mar. 8 daily chart alert - Bulls work to stabilize pricesBitcoin Mar. 8 daily chart alert - Bulls work to stabilize prices
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Bitcoin [BTC] FUD takes centre stage as Uncle Sam makes a moveBitcoin [BTC] FUD takes centre stage as Uncle Sam makes a moveU.S. government-seized Bitcoin holdings started to move, causing FUD Short-term holders declined while long-term holders stayed put Over the last few years, the U.S. government has accumulated massive amounts of BTC for law enforcement purposes. This BTC, for the most part, has remained dormant throughout the time it was being held by the U.S government. […]
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