Bitcoin Falls Below $16,000

Following the collapse of popular crypto exchange FTX, Bitcoin fell 12% to just under $16,000, hitting a low not seen since November 2020. "It reached its all-time high of $68,982.20 one year ago Thursday," notes CNBC. From the report: Cryptocurrencies extended their slide for a second day Wednesday as the market absorbed the potential collapse of popular crypto exchange FTX. Prices were pressured to start the day and plunged by late afternoon as Binance, the largest global exchange by volume, a