Grim Outlook for Bitcoin, Ether Prices as ‘More Bodies to Surface’

Crypto analysts are predicting further turbulence for bitcoin and ether prices over the next nine months, as the industry picks up the pieces following the shock collapse of FTX. Bitcoin and ether were trading at $16,800 and $1,260 as of 9 am ET, respectively, both down about 20% over the past week and 65% over the year to date. Cryptocurrency’s total market capitalization has lost a similar amount. Digital assets have together shed $215 billion in nominal value since this time last week — before FTX CEO Sam Bankman-Fried’s apparent mishandling of user funds came to light — sinking from