Market Analysis: FTX contagion fears abound and regulatory scrutiny has increased but crypto price volatility has been lower this week than following other industry crises. GWilliamsJr_CMT reports
Amid the bitter cold crypto winter, will FTX’s crumbling affect crypto prices in the short term or indefinitely prolong the harsh weather? And how does the movement in crypto prices this week compare with other challenges this market has faced in its brief history?
The term “robust” will likely startle investors, including those within decentralized finance , despite the sub-sector’s relative lack of participation in any of the recent turmoil. BTC’s Nov. 9 decline was its 10th-largest decrease since 2015, although it's only the second-largest decline for 2022, highlighting how tumultuous the year has been.
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