The downfall of crypto exchange FTX and its founder Sam Bankman Fried (SBF) has been described as the 'Lehman Brothers' moment of cryptocurrency. Its demise is impacting other cryptocurrency platforms as investors and customers rush to retrieve their money.
In the cryptocurrency space, volatility tends to rein supreme. In times like these, with so many macro concerns, it may seem like a great time to buy the dip. That said, with so many investors looking for cryptos to sell, this risk-off sentiment could drive markets much lower from here. Thinking about all the macro concerns in the market may be enough to turn many investors off from owning digital assets. However, concerns around once-prominent crypto exchange FTX (FTT-USD) have exacerbated sect