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Will the Crypto Market Make a Comeback Better Than The Last? A Look Into the Recent Downturn and What the Future Holds

All Cryptocurrencies

by COINS NEWS 118 Views

tldr; Several crypto firms, including Voyager Digital and Celsius Network, have filed for bankruptcy following the collapse of LUNA and Three Arrows Capital's overleveraged positions. Notably, Voyager Digital touted over 3.5 million users at the peak of the bull market, most of whom are now unable to access their funds. Meanwhile, a number of crypto firms have announced a reduction in their workforce to cope with the tough market conditions.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.


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