Breaking News Today Live Updates November and Latest News: (7 November 2022) The global crypto industry registered a sharp drop over the past day. Traders are doubtful while trading in the market due to several recent reasons.
The global digital asset market is down by over 1.5% over the past day. It now stands at $1.04 trillion. However, the 24 hour trading volume is up by 9% to stand at $72.72 billion.
However, Facebook, now Meta is planning to launch a massive layoffs plan this week.
FTX token price down by 14% in 7 days
FTX Token (FTT) price has dropped by more than 14% over the past 7 days. It is trading at an average price of $22.11, at the press time.
Meta Prepares For Massive Layoffs
Facebook, now Meta is planning to launch a massive layoffs plan this week. As per reports, this could be the largest layoff round in recent times. It is expected that thousands of employees will be affected by this decision.
Crypto market registers broad slump
The global digital asset market is down by over 1.5% over the past day. It now stands at $1.04 trillion. However, the 24 hour trading volume is up by 9% to stand at $72.72 billion.
