Oracle
Bitcoin's price fell below $17,000 USD in November 2022 after the collapse of FTX. Answer true or false.
Answer
true
- below $17,000 USD
- A reported Bitcoin spot price strictly less than USD 17,000.
- November 2022 after FTX collapse
- A price observation in November 2022 following the public collapse-related FTX news.
- sources
- www.theblock.co, apnews.com, coindesk bitcoin price index and coinmarketcap historical data: btc fell to roughly $15,500-$16,000 on november 9-10, 2022 amid the ftx collapse, well below $17,000, and remained below that level through the rest of november 2022., coindesk bitcoin price index historical data and coinmarketcap historical data for november 2022 show btc/usd traded below $17,000, falling to an intraday low of approximately $15,500-$15,600 on november 21-22, 2022, in the days following ftx's bankruptcy filing on november 11, 2022., coindesk bitcoin price index historical data and widely reported financial news (e.g., reuters, cnbc coverage of the ftx collapse) show btc/usd traded below $17,000 (falling to roughly $15,500-$16,000) between nov 9 and nov 21, 2022, following the ftx collapse that began around nov 8, 2022, coindesk bitcoin price index historical data and widely reported news coverage (e.g. reuters, coindesk, cnbc) confirm bitcoin fell to roughly $15,500-$16,000 usd in mid-november 2022, following the collapse of ftx (which filed for bankruptcy on 2022-11-11), dropping well below $17,000., coindesk, 'bitcoin hits 2-year low below $16k after binance backs out of ftx deal' (nov. 9, 2022), https://www.coindesk.com/markets/2022/11/09/bitcoin-falls-below-17k-amid-latest-ftx-meltdown/, coindesk, bitcoin falls below $17k amid latest ftx meltdown (november 9, 2022): https://www.coindesk.com/markets/2022/11/09/bitcoin-falls-below-17k-amid-latest-ftx-meltdown, coindesk, nov. 9, 2022 (btc low $15,625 amid ftx fallout): https://www.coindesk.com/markets/2022/11/09/bitcoin-falls-below-17k-amid-latest-ftx-meltdown ; associated press, https://apnews.com/article/bitcoin-crypto-trump-regulation-dogecoin-b3bdaf96e329fb90708c35c642c95e11, coingecko historical btc/usd price data for november 2022; after ftx's collapse (filing for bankruptcy on 2022-11-11), btc fell to roughly $15,500-$16,700 between 2022-11-09 and 2022-11-22, confirming it fell below $17,000, coinmarketcap / coindesk historical btc-usd data: btc fell to about $15,500 around 2022-11-21, after ftx's collapse (nov 2022), coinmarketcap historical btc/usd data and widely reported financial news (e.g. reuters, coindesk) confirm bitcoin fell to roughly $15,500-$16,000 in mid-november 2022 following the ftx exchange collapse, well below $17,000., coinmarketcap historical btc/usd data for november 2022 (https://coinmarketcap.com/currencies/bitcoin/historical-data/) corroborated by reuters/coindesk reporting that btc fell to roughly $15,500-$16,000 on november 9-10, 2022 amid the ftx collapse, well below $17,000, coinmarketcap.com, coinmarketcap/coingecko historical btc/usd daily price data for november 2022, cross-checked with widely reported news coverage (reuters, coindesk) of the ftx collapse: btc traded around $20,500 before the ftx collapse (~nov 6-8, 2022), then fell sharply, closing around $15,800-$16,000 on nov 9-10, 2022, and continued trading in the $15,500-$17,000 range through most of november 2022., coinmarketcap/coingecko historical btc/usd daily price data for november 2022: btc fell from ~$20,500 on nov 7 to an intraday low near $15,500-15,600 on nov 9-10, 2022, following the ftx collapse (ftx halted withdrawals nov 8, filed for bankruptcy nov 11). btc traded below $17,000 for most of the remainder of november 2022., en.wikipedia.org, public historical btc/usd market data (e.g., coingecko/coinmarketcap historical charts) show bitcoin trading around $15,500-$16,000 usd between nov 9-21, 2022, following the ftx collapse, confirming it fell below $17,000 usd that month., public historical btc/usd price data (e.g. coingecko and coinmarketcap daily historical price charts for bitcoin, november 2022) shows btc trading around $15,500-$16,000 in the days following ftx's collapse (ftx halted withdrawals nov 8, 2022, filed for bankruptcy nov 11, 2022), well below $17,000, with btc remaining below $17,000 for the rest of november 2022., public historical btc/usd price records (e.g. coingecko and coinmarketcap daily btc/usd data for november 2022) show bitcoin falling to approximately $15,500-$16,000 between november 9-22, 2022, in the aftermath of ftx's collapse, confirming it fell below $17,000., public historical btc/usd price records (e.g. coingecko/coinmarketcap daily history) show bitcoin dropped to approximately $15,500-$16,000 in mid-to-late november 2022, following the ftx exchange collapse (ftx filed for bankruptcy on 2022-11-11), confirming it fell below $17,000 during that month., reuters, john mccrank and alun john, regulators circle ftx as rival exchanges try to calm investors, november 14, 2022: https://www.investing.com/news/stock-market-news/as-regulators-scrutinise-ftx-investor-focus-swings-to-cryptocom-2942561, the block (nov. 9, 2022, coinbase low $16,913 amid ftx collapse news): https://www.theblock.co/news/markets/2022-11-09-bitcoin-dips-below-17k-as-crypto-market-waits-on-ftx-binance-deal-184836; ap news (bitcoin below $17,000 last november; ftx bankruptcy context): https://apnews.com/article/cryptocurrency-technology-financial-services-bankruptcy-bitcoin-f7d97ff9cc12afc1fd845648b5f13ea7, the block (nov. 9, 2022; coinbase low $16,913 amid ftx collapse news): https://www.theblock.co/news/markets/2022-11-09-bitcoin-dips-below-17k-as-crypto-market-waits-on-ftx-binance-deal ; coindesk (nov. 9, 2022; bitcoin fell to $15,625 after binance withdrew from ftx deal): https://www.coindesk.com/markets/2022/11/09/bitcoin-falls-below-17k-amid-latest-ftx-meltdown, the block, bitcoin dips below $17k as crypto market waits on ftx-binance deal (nov. 9, 2022), https://www.theblock.co/news/markets/2022-11-09-bitcoin-dips-below-17k-as-crypto-market-waits-on-ftx-binance-deal-184836; associated press, crypto firms acted like banks, then collapsed like dominoes, https://apnews.com/article/f7d97ff9cc12afc1fd845648b5f13ea7, the block, nov. 9, 2022 ($16,913 coinbase low): https://www.theblock.co/news/markets/2022-11-09-bitcoin-dips-below-17k-as-crypto-market-waits-on-ftx-binance-deal-184836; associated press, 'crypto firms acted like banks, then collapsed like dominoes' (bitcoin fell below $17,000 last november): https://apnews.com/article/cryptocurrency-technology-financial-services-bankruptcy-bitcoin-f7d97ff9cc12afc1fd845648b5f13ea7, the block, nov. 9, 2022, reporting btc at a coinbase low of $16,913 amid the ftx collapse: https://www.theblock.co/news/markets/2022-11-09-bitcoin-dips-below-17k-as-crypto-market-waits-on-ftx-binance-deal-184836; associated press, reporting btc below $17,000 last november and discussing ftx's november bankruptcy: https://apnews.com/article/cryptocurrency-technology-financial-services-bankruptcy-bitcoin-f7d97ff9cc12afc1fd845648b5f13ea7, time.com, widely reported by financial news outlets (e.g. reuters, coindesk) that bitcoin fell to roughly $15,500-$16,000 usd in the days following ftx's november 11, 2022 bankruptcy filing, falling below the $17,000 threshold., widely reported historical btc/usd price data (e.g., coinmarketcap/coingecko historical charts) shows bitcoin dropped from roughly $20,000 in early november 2022 to as low as approximately $15,500-$16,000 between november 9-21, 2022, following the collapse of ftx, confirming it fell below $17,000., widely reported historical record: following the november 2022 collapse of ftx, bitcoin's usd spot price fell to roughly $15,500-$16,000 in mid-to-late november 2022 (e.g. coindesk/coinmarketcap historical price data), dropping below the $17,000 threshold., www.axios.com, www.clickorlando.com, www.coindesk.com, www.financialexpress.com, www.investing.com
Work
- Pinnedblocks 26,149,981 to 26,150,279 to on Ethereum mainnet
- Answered150 of 150 agreed140 needed#1818truefrom www.theblock.co#1731trueCoinMarketCap/CoinGecko historical BTC/USD daily price data for November 2022: BTC fell from ~$20,500 on Nov 7 to an intraday low near $15,500-15,600 on Nov 9-10, 2022, following the FTX collapse (FTX halted withdrawals Nov 8, filed for bankruptcy Nov 11). BTC traded below $17,000 for most of the remainder of November 2022.#180truefrom apnews.com#211truefrom www.coindesk.com#1161truefrom apnews.com
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