Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
11 November 2022 | Other

Cryptocurrency decreases amid the continuing problems with FTX

ETHUSD
BTCUSD

On Friday, cryptocurrency prices dropped, although other volatile assets became more expensive despite the inflation in the USA. This is a domino effect provoked by the fall of FXT.

According to the head of trading at digital-asset exchange Independent Reserve in Sydney John Toro, currently, many risks are related to other cryptocurrencies, and it takes a long time to overcome them. They appeared after the FTX-Alameda crash. Meantime the market is highly vulnerable.

There is information that the founder of FTX Sam Bankman-Fried is being investigated by the US Securities and Exchange Commission, and crypto lender BlockFi removed the opportunity to withdraw cash because of unrest.

Probably, such uncertainty will last for a long time in the cryptocurrency market.



Company MarketCheese

Recommended

United States. Fed Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
29 July
United States. Industrial Production (MoM). The value of the indicator remained at the same level of 0.1%
17 July
United States. Industrial Production (YoY). The value of the indicator has decreased from 1.67% to 1.14%
17 July
United States. Retail Sales (MoM). The value of the indicator has decreased from 1% to 0.2%
16 July
European Union. Trade Balance. The value of the indicator has decreased from -1.2B to -7.8B
16 July
Top news
United States. Fed Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
29 July
United States. Retail Sales (MoM). The value of the indicator has decreased from 1% to 0.2%
16 July
European Union. Trade Balance. The value of the indicator has decreased from -1.2B to -7.8B
16 July
Canada. BoC Interest Rate Decision. The value of the indicator remained at the same level of 2.25%
15 July
United States. CPI (YoY). The value of the indicator has decreased from 4.2% to 3.5%
14 July
All news

Forecasts

GBPUSD buy
Period: 31.12.2026 Expectation: 3400 pips
Buy GBPUSD with 1.4000 in sight
FA Other TA Other
Today at 12:31 PM 24
Bruce_Powers
AUDUSD buy
Period: 30.09.2026 Expectation: 1800 pips
Go long on AUDUSD with 0.72100 target
FA Other TA Other
Today at 12:31 PM 19
Bruce_Powers
Silver sell
Period: 17.08.2026 Expectation: 270 pips
Silver sell-off targets $55.50
Indicators and reports Hot news Indicators
Today at 11:19 AM 17
Sinclair_John
EURUSD buy
Period: 10.08.2026 Expectation: 950 pips
EURUSD shows signs of overheating after recent rally
Technical analysis FA Other Indicators Chart analysis Fundamental analysis
Today at 09:22 AM 26
Lyra_Moonwell1
S&P 500 buy
Period: 17.08.2026 Expectation: 170 pips
Invest in SPX up to $7,700
Indicators and reports FA Other Hot news Chart analysis
Today at 06:56 AM 18
Reed_Marcus
Gold buy
Period: 10.08.2026 Expectation: 135 pips
Gold support holds on central bank buying
Technical analysis Indicators and reports Hot news Indicators Fundamental analysis
Today at 06:23 AM 35
Emily_Foster
Go to forecasts