FTX token FTT soared more than 110%, and the cryptocurrency circle is crazy again!
The cryptocurrency circle has been very lively recently, and two tokens have become popular for different reasons. FTX token (FTT) has soared more than 110%.
There have been a lot of things in the cryptocurrency circle recently, and two tokens have become the focus of everyone's attention for different reasons.
FTX token (FTT) suddenly soared more than 110%, reportedly because there are rumors that FTX will pay back $16 billion to creditors.
FTX token unexpectedly warmed up
FTT really shined this time, with a sharp increase of 113% on Sunday, hitting a new high of $2.94, the highest price since March 6.
The reason for this surge is that there are rumors that the bankrupt FTX will pay back $16 billion in debt. Although the news has not been confirmed, traders have flocked to it, pushing FTT deposits to a 10-month high.
Everyone may be afraid of missing out, so they bought in, hoping that the token will continue to rise. However, the repayment plan has not been approved by the court, and the next hearing will not be held until October 7.
This surge in FTT is another reminder that hype and speculation can make token prices soar.
Cryptocurrency volatility intensifies
When FTT surges, the entire cryptocurrency world is in turmoil. Bitcoin briefly broke through $66,000 last week, but then fell back. Ethereum and Binance Coin also fell slightly, but Solana rose 8% last week.
Despite the volatile prices, everyone is still very interested in the cryptocurrency world. Spot trading volume increased by 28%, and the fear and greed index also reached 61, which belongs to the category of "greed".
There have been some good news recently, such as the inflow of $494 million into the spot Bitcoin ETF and MicroStrategy's increase of more than 25,000 BTC. The US stock market and gold have also hit new highs.
Considering that there may be two more interest rate cuts before the end of the year, everyone is curious about how the market will react.
#非农就业数据即将公布 #币安上线CATI #HMSTR开盘 #美联储11月降息预期升温
The target that Brother Yong has been researching for a long time will be launched soon. Believers will be blessed. Like, follow and comment so that I can see you!
