Bitcoin will not move. Cryptos ignore FTX chaos for another day

Bitcoin took the news in stride, trading sideways for most of the day, though additional revelations surfaced from documents related to FTX’s filing for bankruptcy protection. The largest cryptocurrency by market capitalization rose 1.1% and easily changed hands from the $16,000 support it assumed nine days ago. Ether was changing hands just above its latest support of $1,200, around half a percentage point. Other cryptos were flat, some a bit green and some in the red, although Voyager’s VGX Token soared over 48% after CoinDesk scoopmeister Ian Allison reported that the crypto exchange Binance was preparing an offer for bankrupt lending platform.

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