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Bitcoin trades to a new session low and the lowest level since November 2020

Reports that Binance deal with FTX exchange is likely not to go through has sent Bitcoin and the FTX token currency FTT lower.

The price of bitcoin has moved to a new session low of $16936. That took out the low price from yesterday's trade at $17,114. The price has not traded this lower since November 2020. The price is down over 6% on the day.

Looking at the daily chart, the price earlier this week (and last week), moved above the 100 day moving average only to tumbled lower... Read More

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Content Topics

Bitcoin

Trades

Session

Lowest

Level

Since

November

2020

Forex

Posted: Nov 9 2022, 15:52

Author Name: forexlive

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