Bitcoin, Ether Slide as Protective Puts Draw Demand Amid Sell-Off in FTX’s Token

At 4:30 UTC, bitcoin traded 4.3% lower on the day at $19,700, while ether changed hands at $1,480, representing a 5.5% decline, CoinDesk data show. FTX’s FTT token tanked 20% to $17, the lowest since February 2021, extending the past week’s 13% slide.