3 key crypto price events to watch in the wake of the FTX and Alameda debacle

3 key crypto price events to watch in the wake of the FTX and Alameda debacle


Up until the start of this week, Bitcoin (BTC) had been demonstrating record-low volatility, and this gave altcoins enough latitude to paint some nice technical setups. 

At the same time, on-chain data and technical analysis were beginning to suggest that BTC was midway through carving out a bottom, and many analysts believed that brighter days lay ahead.

Fast forward to the present, and the volatility spike the market received actually turned out to be a black swan event.

Trending: Ho–Ho–Ho! Hundreds of Employees At Fake News CNN Get the Axe Only Weeks Before Christmas

As you already know, FTX is kaput.

Alameda Research is kaput.

BlockFi has put a stop to withdrawals, citing an inability to “operate as usual,” so it’s “pausing client withdrawals as allowed under our Terms,” suggesting that the company is also kaput.

The contagion is spreading, and the shrapnel

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