Crypto Market Update: Bitcoin, Ethereum Price Drop After FTX Liquidation Approval

The cryptocurrency market experienced significant movements today, with Bitcoin and Ethereum both facing declines amid recent developments. Bitcoin (BTC) is currently priced at $62,666, reflecting a slight dip of 1.18% in the last 24 hours. Meanwhile, Ethereum (ETH) has slipped to $2,439, down by 2.19% over the same period. Several factors have contributed to these price fluctuations, including FTX’s liquidation plan approval, Worldcoin’s shift in focus, and a new Ethereum Improvement Proposal (EIP).