Modify dent in FTX

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Aug 6th, 2022

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How to modify dent in FTX

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Bitcoin off the lows after dipping below 50,000 having its worst week since the fall of FTX though the cryptocurrency is still sliding amid a larger correction across markets ethereum by the way briefly seeing its biggest single day drop since late 2021 here with more on the state of crypto we have bitwise Asset Management CIO Matt Hogan Matt it is good to see you so you know you look at Bitcoin today Matt and coming under this pressure Iamp;#39;m curious why do why do you think it came Under Pressure Matt is it because investors see it as just you know itamp;#39;s itamp;#39;s a very speculative asset because of margin calls what are the reasons Matt yeah I think youamp;#39;re pointing right at it you know weamp;#39;ve seen this before in history this reminds me a lot of what happened in the early days of covid I remember Bitcoin selling off 37% on March 12th 2020 that day we woke up to the reality of covid itamp;#39;s a speculative asset itamp;#39;s a liquid asset that can be s

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