Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows
The total crypto market capitalization dropped to the $1 trillion support, and weak stablecoin demand and a largely absent funding rate reflect traders’ negative sentiment.
Crypto conspiracy theories abound, but prop traders are just doing their job
FTX founder Sam Bankman-Fried and Alameda Ventures made recent headlines for bailing out a handful of CeFi crypto platforms this week, but what exactly do market makers do?