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ROLLUP: Elon Twitter Takeover | Instagram NFTs | Art Gobblers & Goo | JP Morgan Crypto | Bitcoin's Birthday

Bankless

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Market Turbulence and Financial Insights

This chapter explores the recent volatility in cryptocurrency and the financial markets, examining the impact of Federal Reserve interest rate hikes and inflation concerns. It highlights the troubling relationship between personal savings rates and consumer debt, as well as comparisons to the financial landscape of 2008. The discussion concludes with a positive outlook on Ethereum's Layer 2 solutions, signaling potential growth within the crypto sector.

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