Endless news reports have come out about the FTX debacle. But, on a much larger scale, what does the fall of one of the largest crypto exchanges mean for cryptocurrency as a whole? Now more than ever, there may be more heightened caution and slowdown, when it comes to those going the crypto route. The value of Bitcoin has seen record lows since 2020, along with the dipping values of altcoins such as Dogecoin, XRP, Cardano and Solana. The FTX debacle has wiped out over $180 billion from the crypto market, with digital assets across the board being under tremendous pressure to sell Since 2021, the overall market cap of crypto assets has dropped below $1 trillion, thereby hitting below the $900 billion market. Crypto exchanges will have to watch out for contagion risk. It may well h
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