Bitcoin’s fall below $60,000 last Friday capped its worst week since the collapse of Sam Bankman-Fried’s FTX exchange in 2022. The forces currently at work seem almost harmless compared with those events, but that is exactly what worries analysts, who warn that the token’s modest rebound may prove short-lived as structural weaknesses are exposed. Bloomberg writes about this.

Exchanges

The bankrupt cryptocurrency exchange FTX plans to repay $1.9 billion in client debts in September 2025.