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. 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
United Kingdom. Trade Balance. The value of the indicator has increased from -24.58B to -18.66B
16 July
Top news
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
United States. Trade Balance. The value of the indicator has decreased from $-54.6B to $-77.6B
7 July
All news

Forecasts

Gold sell
Period: 20.08.2026 Expectation: 240 pips
Selling gold below $4,000
Indicators and reports FA Other Hot news Indicators
Today at 11:28 AM 34
Reed_Marcus
Gold buy
Period: 31.07.2026 Expectation: 2000 pips
Buying gold upon breaching $4,030
TA Other FA Other
Today at 10:46 AM 15
Bruce_Powers
GBPUSD buy
Period: 31.07.2026 Expectation: 120 pips
Buy GBPUSD with 1.34800 in sight
TA Other
Today at 10:46 AM 9
Bruce_Powers
Silver sell
Period: 27.07.2026 Expectation: 3650 pips
Silver tries to recover from local lows
Technical analysis FA Other Chart analysis Indicators Fundamental analysis
Today at 09:31 AM 13
Lyra_Moonwell1
EURUSD sell
Period: 20.08.2026 Expectation: 240 pips
EURUSD sell-off comes into play as ECB meeting looms
Indicators and reports FA Other Chart analysis Hot news
Today at 08:35 AM 10
Sinclair_John
S&P 500 sell
Period: 27.07.2026 Expectation: 1380 pips
S&P 500 braces for volatility ahead of major tech reports
Technical analysis Indicators and reports Hot news Indicators Fundamental analysis
Today at 06:17 AM 14
Emily_Foster
Go to forecasts