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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
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Coin Circle Lehman Moment: The top exchange FTX collapsed with a bang, and Coin An announced the termination of the acquisition one day later
A top three cryptocurrency exchange collapsed in just two or three days, which has never happened in history, "a cryptocurrency observer told The Paper. cn
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Coin An suddenly announced its intention to fully acquire FTX, and Zhao Changpeng confirmed that an informal agreement has been signed
Reporter | Si LinweiOn November 9th, the world's largest cryptocurrency exchange, Coin On, suddenly announced its plan to acquire another exchange, FTX, which is also one of the world's largest exchanges.At 0am on the 9th, SBF, the founder of FTX, and Zhao Changpeng (English name CZ), the founder of Coin Security, wrote that the two sides had reached a preliminary agreement on the acquisition of FTX by Coin Security Capital
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The "unbearable pain" in the coin circle? Repeating the scene before the FTX crash: The sharp decline of Coin An Coin BNB
It has been a month since the collapse crisis of FTX, and just as many people believe that its former competitor, Coina, can "dominate" the cryptocurrency market, another crisis seems to be brewing.Data shows that, up to now, the original token BNB of Coin Security in the cryptocurrency exchange has fallen by nearly 15% in the past day and nearly 21% in the past week, the lowest level since July
