Bitcoin Hits 2-Year Low Below $16K After Binance Backs Out of FTX Deal

Bitcoin’s price fell as low as $15,625 Wednesday. It was the first time the largest cryptocurrency has fallen below $16,000 since November 2020. The BTC price was down 14% on the day, the biggest plunge in almost five months.Read MoreCoinDeskBitcoin’s price fell as low as $15,625 Wednesday. It was the first time the largest cryptocurrency has fallen below $16,000 since November 2020. The BTC price was down 14% on the day, the biggest plunge in almost five months.