The crypto prices experienced immense bearish pressure by FTX’s Collapse and the Fed’s hawkish comments. Compared to Ethereum’s 8% drop to $1,100, Bitcoin’s ongoing decrease and breach of $16,000 was more disastrous. As investor confidence continues to decline, the market’s volatility is likely to remain unsteady and unpredictable.  The market capitalization of all cryptocurrencies fell 5% the previous day, to now trade at $795 billion. In addition, trade volume rose 68% to $55.80 billion. Amidst all the speculation, a new trend for BTC is expected to emerge, according to the cryptocurrency analyst who correctly predicted the conclusion of the Bitcoin bull […]