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No signs of crypto spilling over into traditional assets – yet, analyst says - superadmin - 12-16-2022
There are “no signs of spillover” from cryptocurrency into more traditional assets, according to an investment analyst from AJ Bell. Billions of dollars were lost when the exchange FTX collapsed, raising questions about whether movements in the crypto sphere could ricochet through to other financial systems. “Crypto has a lot of money but it’s kind of built up as a separate ecosystem,” head of investment analysis Laith Khalaf said on “Squawk Box Europe” Wednesday. - More - |