The purchase agreement between Binance and FTX has positively affected the price of many cryptocurrencies.
Cryptocurrency exchange FTX’s token, FTT, before the agreement between the two parties is made public. From $14.6 was trading. After the announcement of the deal, the price of the token will change for a short time. up to over $19 rose.
News that Binance has taken action to buy FTX larger like bitcoin and ether cryptocurrencies as well. According to CoinGecko data, bitcoin is about to go up after the news became known. From $19,350 to $20,600 rose. BTC at the time of writing From $19,870 is being traded.
The price of Ether (ETH) is around the same time frame. From $1,430 to $1,570 output.
Cryptocurrency exchange FTX has started to experience liquidity problems after the crash in the FTT token. Binance CEO Changpeng Zhao, one of the FTX management themselves “asking for help” and to buy FTX they agreed announced.
The details of the agreement between the two parties are not yet known and the agreement is still It is known to be incomplete.
According to Changpeng Zhao’s statements, Binance will be open if there is a problem during the ongoing negotiations. may withdraw from the agreement.