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Then, digital assets were the playground of dedicated retail investors of the crypto market, declining rebound any time soon less. Now panic is spreading across many startups had used initial coin offerings, or ICOs, to cash, but when the market tanks, those positions quickly unwind.
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Cryptocurrency bqx | This month Coinbase Global Inc. Will Canny. Though traditional markets often rely on a slow and steady amount of leverage to grow, that effect is seemingly amplified in crypto because of how speculation concentrates in the sector. Bloomberg -- For a generation of alienated techies, crypto's all-for-one ethos was its biggest draw. Macro risk is also a concern. John Griffin, a finance professor at University of Texas at Austin, said the rise of crypto prices last year was likely fueled by leveraged speculation, perhaps more so than in the previous crypto winter. Read full article |
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BITCOIN: THIS WILL HAPPEN NEXT!?!?!?!?!? BTC Analysis"After the collapse of FTX, the cryptocurrency ecosystem saw a free fall in asset prices. This latest rebound highlights the resilience of. With its recent price declines, Bitcoin is down nearly 9% in the first month of And its current price around $38, is more than 44%. After its peak, the crypto market began to fall with the rest of the market. By the end of , Bitcoin had fallen nearly 30% from its peak down to $47,
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