Bitcoin Dips to 2-Year Low as Binance Backs Out of FTX Deal

Nov 10, 2022

Bitcoin (BTC) dropped to its lowest level in two years on Wednesday as traders processed the news that Binance retreated from an earlier plan to buy troubled exchange FTX. Citi’s Digital Asset Analyst Joe Ayoub discusses the performances of BNB and FTT tokens and other players affected by the FTX crisis. Plus, an outlook on the stumbling market.

Up Next

05:37

Consensus 2024: All Eyes on Regulation

May 31, 2024

10:29

Consensus Heads to Toronto in 2025

Jun 11, 2024

10:49

Citi's Exploration Into Crypto and the Metaverse

Jun 6, 2024

06:17

Crypto Needs 'More Enforcement': Former White House Official Carole House

Jun 5, 2024

09:47

Visa Is the 'Bridge' Between Payment and Blockchain Technologies: Head of Crypto

May 30, 2024

View all

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.