By Farah Mourad, Senior Market Analyst of XTB MENA
Cryptocurrency markets continued to crumble as confidence deteriorated after the FTX debacle. The exchange lost billions in customer deposits in a matter of hours after doubts about the solidity of its finances surfaced and were reverberated by competitors and investors seemingly seeking to liquidate their positions.
Gain access to all our Premium Content on FintechZoomPRO. More than 400+ articles, Daily updates, Real-time data, Better research, Advanced analytics.