Crypto Market Reacts Positively After FTX Withdrawals Open, CPI Data

Crypto Market, FTX Withdrawals News Updates: The cryptocurrency market reacted positively to the news of FTX opening withdrawals, following prolonged bearish momentum earlier in the week. On chain data showed that the crypto exchange finally reopened withdrawals for its customers. In what comes as a positive sign after days of negative sentiment in the market, the crypto prices turned positive following the news. Bitcoin (BTC) price stands at $17,793, up 3.82% in the last 24 hours, according to price tracking platform CoinMarketCap.