Crypto Markets Today: FTX Finds $5B, Bitcoin Extends Rally

bitcoin (BTC): He The largest cryptocurrency by market value recently traded at the $17,500 level, almost the same as the last 24 hours. In futures trading, three-month BTC futures listed on the Chicago Mercantile Exchange, widely considered an indicator of institutional activity, are taking a cousin above the cryptocurrency spot market price for the first time since FTX went bankrupt. Stocks closed higher as traders eyed the US inflation report on Thursday. The Nasdaq technology composite closed up 1.7%, while the S&P 500 and Dow Jones Industrial Average (DJIA) rose 1.2% and 0.8%, respectively.