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The FTX crisis triggers currency circle deleveraging, with institutions claiming that Bitcoin may fall to $13000
The currency circle fell into a dark 'Lehman moment', and the liquidity crisis of the top cryptocurrency exchange FTX triggered a series of negative market chain reactions.On November 10th local time, a team of strategists at JPMorgan Chase reported to external media that the cryptocurrency market will face a deleveraging process that will last for several weeks due to the impact of the FTX liquidity crisis
