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Has The Liquidity Crisis Peaked?

Whilst many crypto related businesses collapse amongst the detrimental exit of liquidity, there is some renewed optimism in the crypto market. Sam Bankman-Fried, or Sam Bankman-Fed as some may call him, has provided lifelines to crypto firms who are struggling to stay afloat.

BTC

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What Impact Will A Recession Have On Crypto?

Bitcoin (CRYPTO: BTC) rallied almost 10% yesterday after reaching $20,100, as the Federal Reserve announcement of a 75 bp rate hike resulted in a short squeeze. Although a 50 bp hike was anticipated for many weeks, last Friday’s inflation data forced the market to price in a more aggressive hike with huge sell pressure.

BTC

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Celsius Faces Liquidity Crisis, But How Are Other Crypto Firms Faring?

Global markets took a catastrophic hit yesterday, as the Nasdaq was down 4.60% and the S&P 500 was down 3.88%. Crypto suffered the most, as Bitcoin dropped over 20% to reach a low of $20,800. Ever since the crypto rally in November, in response to Bitcoin ETF Futures product being launched, crypto has been on a ruthless downtrend with little sign of relief.

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