Crypto.com token Cronos (CRO) price is consolidating above what may be its last remaining support. CRO is nursing a 45% monthly drop, putting it near the bottom of a declining parallel channel that has served as support for much of the year.
After the catastrophe at the cryptocurrency exchange FTX, the focus has now shifted to competitor Crypto.com. According to a Reuters report Tuesday, regulators have launched investigations following the stunning implosion of FTX, one of the world’s largest cryptocurrency exchanges, and rival exchanges are now trying to reassure nervous investors that their funds are safe.
Concerned about the severity of the repercussions created by this shockwave, investors ponder whether or not the cryptocurrency business conceals other secrets. The virtual stratosphere is buzzing with rumors.
CRO Plunges As Crypto.com Commits A Major Blunder
In the meantime, we zoom our lens…
