Bitcoin (BTC), ether (ETH) fall as FTX collapse ripples through market

The collapse of FTX has sent shockwaves through the cryptocurrency industry. The price of bitcoin and other major digital coins have fallen sharply as problems at FTX emerged.

Jakub Porzycki | Nurphoto | Getty Images

Bitcoin hovered around a one-week low on Monday and other major cryptocurrencies fell sharply, as the impact from the dramatic collapse of FTX continues to ripple through the market.

Bitcoin was down 3.6% to trade around $15,990.89 at 3:40 a.m. ET, according to CoinDesk data. Ether


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