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Prediction markets split if Binance pulls out of FTX deal; Bitcoin falls 11%

Bitcoin was recently trading at around $18,400, down more than 11% in the last 24 hours. The largest cryptocurrency by market capitalization last fell below $19,000 on October 21. Ether recently changed hands just above $1,300, off more than 16% from Monday’s same time. Other major altcoins fell by double digits to cap off a turbulent day that saw crypto markets sink immediately after the Binance/FTX announcement, rise hopefully and then sink again as investors absorbed the rapid decline of one of the crypto industry’s leading lights.

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