In cryptocurrencies, the world’s largest and most popular digital token Bitcoin’s price today was trading more than 4% lower at $15,973, slipping below the $16,000 mark. On the other hand, Ether, the coin linked to the ethereum blockchain and the second largest cryptocurrency, also plunged by more than 8% to $1,118.
The global crypto market cap today remained below the $1 trillion mark, as it over 5% lower in the last 24 hours to $828 billion, as per the data by CoinGecko, as cryptocurrency prices continued to struggle in the ongoing crisis sparked by the downfall of Sam Bankman-Fried’s once powerful FTX empire.
