FTX crisis could extend crypto winter to the end of 2023: Report
Cointelegraph
Published Nov 16, 2022 07:01AM ET
Updated Nov 16, 2022 08:40AM ET
The FTX crisis has deterred investor confidence and created a liquidity crisis in the crypto market, which could very well extend the crypto winter until the end of 2023, according to a new report.
A research report from Coinbase (NASDAQ:COIN) analyzing the fallout in the crypto ecosystem in the wake of the FTX collapse noted that the implosion of the world’s third-largest crypto exchange has created a liquidity crisis that may contribute to an extended crypto winter.
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Written By: Cointelegraph
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