The crypto market has been hit hard by the unexpected crypto crash that occurred on the 8th of November, 2022. The crash happened after news of the third largest cryptocurrency exchange declared bankruptcy. Many people had assets stored on FTX, so they attempted to withdraw their assets at a large scale. Unfortunately, this was halted, and it is now believed FTX owes creditors up to $3.1 billion.
As all significant events affect crypto, this one did too. The mass hysteria caused people to…
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