Bitcoin’s Slide Pauses in Wait for Next Domino to Fall After FTX
- Largest token hit its lowest level since November 2020
- Genesis bankruptcy warning underscores FTX contagion risk
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Cryptocurrency prices rose as investors boost Bitcoin from a session low amid wariness of even established players in the digital-asset sector.
The largest token gained as much as 4.2% Tuesday, snapping the digital asset from its lowest price since November 2020. Ether posted a similar increase, while altcoins like Solana and Dogecoin also rose.