Weekly Roundup 06/02/23 (Crypto-eurodollars, SBF's defense, debt ceiling debate) (EP.428)
On The Brink with Castle Island
Introduction
The Bank of England has pumped 75 billion pounds more to Britain's ailing economy. 30 day volatility for Bitcoin and ETH has descended to historical lows in a challenging macro environment. Spot volumes have also fallen off under 20 billion from a high of 40 billion at the start of 23. And on-chain derivatives have experienced huge reductions in volumes as well.
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