Bitcoin tumbles below £13,500 as FTX turmoil continues

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By Charlie Conchie Bitcoin has plunged below £13, 500 dollars today as investors flee to steadier ground amid turmoil sparked by the collapse of crypto exchange FTX. The most valuable crypto currency was trading at around £13,556 at 16:45 today after falling to as low as £13,456 early this morning. Bitcoin is down nearly 25 per cent since revelations began to emerge over the state of the balance sheet at Alameda Research – FTX’s sister firm – and has tumbled nearly 75 per cent from its all-time peak in November last year. It comes as the industry is rocked by the fallout of bankruptcy at Sam B…

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