There was WAY more to it than just the FTX thing. The global economy and political BS has a huge part to play. Because crypto didn’t just crash, the entire economy and stock market has fallen as well for the most part. There is a lot of bearish stuff going on in traditional markets too. Crypto is still a small industry relative to anything else. I mean the entire crypto marketcap is smaller than some individual businesses. It’s not going to escape the whims of the institutional investors.
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