Sam Bankman-Fried is gone. And crypto is again to its favourite exercise: a wild speculative rally.
The FTX founder’s trial featured a parade of witnesses detailing a multibillion-dollar fraud on the coronary heart of the crypto market. None of it dented the passion of crypto buyers. Through the trial, crypto costs surged on optimism that U.S. regulators would enable an exchange-traded fund that holds bitcoin. Bitcoin is up greater than 25% because the begin of October and not too long ago touched an 18-month excessive.
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