Posted 1/23/2024, 1:05:00 PM
Bitcoin Slides Below $39K as FTX Fallout Weighs on Crypto Market
- Bitcoin slips below $39K to lowest level since early December as institutional selling pressure builds
- FTX token FTT bucked market trend, rising 11% on news FTX bankruptcy estate dumped $1B in GBTC shares
- Donald Trump reiterates opposition to central bank digital currencies (CBDCs) at New Hampshire rally
- Ether options skew drops to -7%, lowest in 3 months, signaling bias toward puts/bearish bets
- Digital assets not a prominent issue in 2024 US presidential race, may diminish further with candidate dropouts