Bitcoin (BTC) Lingers Near $17000; Coinbase (COIN), Miners Lead Declines – Bloomberg

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Bitcoin is finishing the week mired in the narrow range that has existed since the collapse of the FTX exchange, while Coinbase Global Inc. and miners continued their declines toward record lows as the crypto winer grows colder. 
The largest cryptocurrency by market value was little changed at about $17,113 as of 5 p.m. in New York, just off the two-year low reached on Nov. 21. FTX sought bankruptcy protection on Nov. 11. Bitcoin is down more than 60% this year. The Bloomberg Galaxy Crypto Index dropped less than 2% this week, and is down 67% in 2022.   

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