The worst week in crypto history... so far.
Many Happy Returns
The Impact of Cryptocurrency on the Stock Market
FTX has seen a huge drawdown in the value of cryptocurrencies, presumably driven by interest rates going up. And just this week, if you look at what happened to risky assets, US inflation was a little bit lower than people expected and equity surged upwards. So I don't think you can overestimate the impact on cryptocurrency and the entire space from this huge shock.
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