Prices are continuing their downward trend.
According to CoinMarketCap, a global virtual asset market relay site, on the 27th, as of 8:18 am on the same day, the price of bitcoin was traded at $16,461.26, down 0.32% from 24 hours ago.
At the same time, on Upbit, a domestic virtual asset exchange, Bitcoin was traded at 22,671,000 won, down 0.09% from 24 hours ago.
The cryptocurrency ledger also continues to fluctuate.
However, on CoinMarketCap, Ethereum was traded at $1205.31, up 0.58% from the previous day.
On Upbit, Ethereum is trading at 1,662,000 won, up 1.03% from the previous day.
As such, the followingshock of the FTX crisis continues as the cryptocurrency price shows a sluggish trend.
Changpeng Zhao, CEO of Binance, announced on the 24th (local time) that he has launched a $1 billion Industry Recovery Initiative (IRI) to prevent the followingmath of FTX’s bankruptcy. said to create
However, the cryptocurrency market is still frozen. Bitcoin also fell below $16,000 on the FTX bad news on the 22nd.
JPMorgan has warned that the Bitcoin price might plunge to $13,000 due to the FTX crisis. Bitcoin supporter Robert Kiyosaki, author of “Rich Dad Poor Dad,” predicted that the price might go down to $10,000.
