Weekly Roundup 06/02/23 (Crypto-eurodollars, SBF's defense, debt ceiling debate) (EP.428)
On The Brink with Castle Island
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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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