According to Gate News Bot on December 5, citing CoinMarketCap data, as of press time, FTT (FTX Token) is trading at $0.62, up 10.97% in the past 24 hours, reaching a high of $0.62 and a low of $0.52, with 24-hour trading volume at $5.09 million. The current market cap is approximately $204 million, an increase of $20.1 million from yesterday.
Recent important news about FTT:
1️⃣ Sam Bankman-Fried returns to social media, FTT price surges
FTX founder Sam Bankman-Fried posted on X (formerly Twitter) for the first time in two years, drawing significant market attention. This move directly pushed the price of FTT token up by 30%, reflecting investors’ strong sensitivity to FTX-related developments.
2️⃣ FTX creditor repayment plan progresses, may impact FTT performance
FTX is moving forward with a plan to repay $1.6 billion to creditors. This progress could have a significant impact on the value of FTT token, as it relates to the resolution of the FTX bankruptcy case and asset distribution.
3️⃣ Regulators question FTT classification, market watches for further developments
The U.S. Securities and Exchange Commission (SEC) is assessing whether FTT token should be classified as a security. This regulatory move could have far-reaching implications for FTT’s legal status and future trading, with market participants closely monitoring the situation.
From a technical perspective, FTT’s price has recently shown a clear uptrend, breaking through several key resistance levels. However, considering the complexity of the FTX bankruptcy case and potential regulatory risks, FTT’s price volatility may remain high.
This message does not constitute investment advice; please be aware of market volatility risks when investing.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
VeChain (VET) Price Is Flashing the Same Breakout Pattern as 2 Months Ago – 40% Move Next?
VeChain (VET) is starting to show signs of life again after weeks of choppy price action. A new chart shared by trader Brain2jene suggests that the VET price may be repeating the same setup that played out just two months ago, and if the pattern holds, the next move could be sharp.
The key
CaptainAltcoin5m ago
JPMorgan: The cost of producing Bitcoin has decreased from $90,000 at the beginning of the year to $77,000.
JPMorgan analysts point out that the production cost of Bitcoin has decreased from $90,000 at the beginning of the year to $77,000, mainly due to a decline in network hash rate and mining difficulty. The decrease in difficulty provides breathing room for operational miners, and the production cost is expected to rebound. Analysts are optimistic about the future of cryptocurrencies.
GateNewsBot10m ago
JPMorgan Turns Bullish Against the Trend! Bitcoin Bottom at 77,000, Betting on Hash Rate Rebound and Institutional Capital Flows
JPMorgan estimates the Bitcoin production cost has dropped to $77,000 due to recent declines in network hash rate and mining difficulty. The analyst team states that the decrease in mining difficulty alleviates pressure on remaining miners, but the rebound in hash rate indicates that difficulty and costs may rise during the next adjustment. JPMorgan remains optimistic about the crypto market in 2026, expecting institutional capital inflows to rebound, and the passage of the CLARITY bill will promote this trend.
MarketWhisper29m ago
Why did Bitcoin drop today? ETF outflows exceed $3.2 billion, and non-farm payrolls before CPI data crushed hopes for interest rate cuts.
Bitcoin drops to around $66,000, with US Bitcoin ETFs experiencing outflows of over $3.2 billion in the past 30 days. Data released on Wednesday shows that the US labor market in 2026 started stronger than expected, with non-farm payrolls increasing by 130,000 in January, well above expectations, and the unemployment rate decreasing from 4.4% to 4.3%. The January CPI release on Friday will be the next key point, with expectations of a 0.3% increase in both overall and core CPI month-over-month.
MarketWhisper34m ago
Today, the Fear & Greed Index rose to 9, indicating the market is in a "Extreme Fear" state.
Foresight News reports that, according to Alternative.me data, the cryptocurrency fear and greed index rose to 9 today (yesterday the index was 5, indicating "Extreme Fear"), indicating that the market is in a "Extreme Fear" state.
GateNewsBot44m ago
Bitcoin Reclaims $70K but Social Media Fear Signals a Deeper Market Disconnect
Bearish social sentiment remains elevated even after Bitcoin rebounded above $70,000.
Persistent fear during consolidation often coincides with early recovery phases and limited retail participation.
Historical sentiment patterns show that skepticism can coexist with improving price
CryptoFrontNews1h ago
