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Bloomberg Daybreak: Europe Edition

Crypto Sentiment 'As Bad As It Could Get' After FTX (Audio)

6 min • 23 november 2022
Glen Goodman, Crypto Consultant at eToro, says he believes sentiment in cryptocurrencies is "as bad as it could possibly get" after the collapse of FTX. He says there are signs the market is approaching a bottom, including huge "capitulation volume" in trading. Goodman tells Bloomberg's Stephen Carroll and Anna Edwards that some of the FTX investors' due diligence was "under par".

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