Business

Bitcoin Set for More Losses in Wake of FTX’s Collapse if History Is a Guide

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“The digital asset class is working through a period of contagion, where assessing counterparty credit risk and solvency remains imperative,” said John Toro, head of trading at digital-asset exchange Independent Reserve. “It seems most likely that during this period of heightened credit risk, Bitcoin will underperform other high-beta risk assets.”



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