Bitcoin Drops 10% to $54,333 in Largest Weekly Loss Since FTX Collapse; Crypto Market Sell-Off Reaches $760 Million

Bitcoin Slumps 10% to Trade at $54,333, Heaviest Weekly Loss Since FTX Collapse; Crypto Market Sell-Off Hits $760 Million
In a significant downturn, Bitcoin has plummeted by 10%, now trading at $54,333. This marks its heaviest weekly loss since the dramatic FTX collapse. The overall cryptocurrency market has experienced a massive sell-off, with losses amounting to $760 million. This decline has caused widespread concern among investors and market analysts, highlighting the persistent volatility within the crypto sector.