Major crypto coins slide as jitters on FTX exchange rattle markets

Published by
Reuters

By Tom Westbrook and Tom Wilson LONDON/SINGAPORE (Reuters) -Cryptocurrencies fell heavily on Tuesday and the in-house token of major crypto exchange FTX slumped by almost a quarter as investors appeared to take fright at talk of pressure on FTX’s financials. Bitcoin, the biggest digital token, fell as much as 6% to $19,351, its lowest in two weeks, and was on course for its worst day in since mid-September. Ether, the next largest, fell over 6%. FTX has come under pressure after Changpeng Zhao, head of rival exchange Binance – the world’s largest – said on Sunday his firm would liquidate its h…

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