Here all the latest developments in the cryptocurrency markets

The depreciation of FTT, the native token of the FTX exchange, continues. The decline in FTT, which saw its lowest level in almost two years, was also reflected in the crypto money market, while Bitcoin saw below $ 20,000. As the Ripple case comes to a close, over $1 million in XRP investment products was entered last week. The Central Bank of Russia has released a report focusing on integrating digital assets into financial systems.

Here all the latest developments in the cryptocurrency markets

Bitcoin mining company Iris Energy said it received notices of default for more than $100 million in debt. The Hong Kong Securities and Futures Commission said that the launch of funds indexed to futures cryptocurrencies is very imminent.On the first day of the week, the markets are not as busy as they were in the last two weeks. The agenda item of the markets will continue to be the US inflation this week. In addition, the speech of the President of the European Central Bank, Lagarde, and the third quarter growth data from the UK are among the other highlights of the week.

Yesterday, the US stock markets ended the first day of the week on the buyer side with the hopes that the Republicans' majority in the congress will support the upward movement in stock prices, while the inflation data, which is the most important data of this week, and before the mid-term elections, expect a decline in both headline and core inflation on an annual basis.

In cryptocurrencies, the tide has turned. As tensions continued between FTX and Binance exchanges, a series of concerns, along with expectations that FTX could fall into a liquidity crisis, created tension in the cryptocurrency market. While Bitcoin dropped to $19,300 levels, Ethereum hit an intraday low of $1430.