Fight Between Binance and FTX Exchange

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Hi everyone, hopefully you are fine and having fun with your family and friend.

I am surprised to see what has happened quickly that cause market dip . After doing little research i came to know that Whole crypto Market is bleeding after the FTX drama which caused panic in the market. Bitcoin is dropped as low as $17200 but now again trading above $18k. Ftx itself dropped more than 80 %.

Few says that this all is happening because of the fight between the two big exchanges Binance and FTX. Some people on twitter are claiming that Cz is selling FTX to destroy the exchange reputation.

Well, We dont know what exactly is happening but that is really effecting the whole market. These big companies should not fight as it is not good for the whole crypto industry.

Whatever is the issue between the two they should sit on table and resolve it . Its good for the crypto industry. The fight is not a solution for any problem. Peace

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About Author
@coolguy222 is a full time crypto trader and content creator on hive blockchain. He loves to make new friends.

Posted Using LeoFinance Beta



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