The Bitcoin (BTC) price continues to maintain its price without further decline following the FTX bankruptcy.
As of 1:40 pm on the virtual currency exchange Upbit on the 26th, Bitcoin is trading at 22,757,000 won, up 0.36%.
It is maintaining the price in the mid-$16,000 range despite the mixed US stock market last night and the followingmath of the FTX bankruptcy.
Bitcoin, which has lost 0.97% in price over the past 7 days, seems to be holding up well without a major decline despite the FTX bankruptcy and the Wemix crisis.
However, according to the ‘Crypto Fear/Greed Index’, which is estimated by Alternative, a cryptocurrency data provider, the index recorded 22, and the ‘extreme fear’ stage continues, indicating that investor sentiment is shrinking.
An index closer to 0 indicates fear in the market, while an index closer to 100 indicates optimism.
John Ray III, the new CEO of FTX, said on the 19th that the exchange is looking at selling or restructuring its global empire.
It was confirmed that FTX owes regarding $3 billion (regarding 4.92 trillion won) to 50 top creditors. The largest creditor recorded 2262.8 billion dollars (approximately 306.1 billion won), and the 50th largest creditor also holds 21.34 million dollars (approximately 28.8 billion won) of bonds.
Meanwhile, while FTX began reviewing global asset sales to raise funds to return to investors, it decided to investigate all of the self-issued coins of domestic exchanges.
