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Report: FTX’s Repayment Could Be Seen as Bullish Overhang

2024-05-15 21:23
Odaily News A report from digital asset brokerage K33 on Tuesday suggests that the repayment of collapsed cryptocurrency exchange FTX could have a bullish impact on the cryptocurrency market. “While the repayments of Mt. Gox and Gemini creditors represent bearish overhang for the market, FTX’s cash repayment could be viewed as bullish overhang,” K33 wrote in the report.