More than $1.3 trillion has been wiped off the cryptocurrency market so far in 2022 as the fallout from the FTX collapse continues to weigh on investor confidence.
CFOTO | Future Publishing | Getty Images
Bitcoin on Wednesday rose to a two-week high as investors continue to weigh up the fallout from the collapse of cryptocurrency exchange FTX.
But one analyst warned that the bounce is likely just a bear market rally and would not be sustained.
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