Crypto enters new phase of deleveraging in wake of FTX collapse, analysts say

Nov. 12, 2022 11:11 AM ETRobinhood Markets, Inc. (HOOD), CBOE, NDAQ, MNXBF, SIBy: Liz Kiesche, SA News Editor67 Comments

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FTX's collapse, and resulting Chapter 11 filing, has taken a hefty toll on cryptocurrency assets in the past week, sending the price of bitcoin (BTC-USD) down 21% and losing almost $82B in market cap since Nov. 6.

J.P. Morgan

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