• Bitcoin rebounds after OKEx freeze
    Bitcoin

    Markets Report: Bitcoin rebounds after OKEx freeze accelerates $11K drop

    News that OKEx had stopped withdrawals from its 200,000 BTC vaults brought volatility to Bitcoin, but a rebound is already on the way.

    Bitcoin was on course for modest weekly gains on Oct. 16 as fresh downside took the market ever closer to $11,000 support. After hitting $11,700, this week saw BTC/USD consolidate higher, but unforeseen circumstances sparked sudden selling pressure Friday.

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