The BTC/USD price dropped below 16,000 for the first time since Monday last week as liquidity concerns in the crypto industry continued. It dropped to a low of 15,618, meaning that Bitcoin has dropped by almost 30% from its highest point this month. Liquidity crisis and rising fear Bitcoin and other cryptocurrency prices continued their sell-off as concerns about liquidity in the industry continued. A key issue is the recent collapse of FTX and Alameda Research. In a report, analysts at Kaiko warned that their collapse could lead to the so-called Alameda Gap because of the billions the company provided in liquidity. ... (full story)