Investors Continue to Learn More About FTX’s Mismanagement

Bitcoin remained steady snugly above its most recent $16,000 support, as investors continued to shrug off the latest developments from the FTX collapse. The largest cryptocurrency by market capitalization was recently trading at about $16,600, roughly flat over the past 24 hours. BTC sank less than 2% for the week. How long markets hold tight is unclear, say analysts.