Representations of cryptocurrency bitcoin seen in this illustration on August 10, 2022. Photo: Reuters
Representations of cryptocurrency bitcoin seen in this illustration on August 10, 2022. Photo: Reuters

Bitcoin shows resilience in the face of FTX collapse, but crypto industry worries persist

  • Bitcoin has so far weathered the bankruptcy of BlockFi this week, staying around US$16,500
  • The crypto world has been watching for further fallout from the FTX bankruptcy, with many related firms being hit by the contagion

Representations of cryptocurrency bitcoin seen in this illustration on August 10, 2022. Photo: Reuters
Representations of cryptocurrency bitcoin seen in this illustration on August 10, 2022. Photo: Reuters
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