DFD Companions’ Little was pessimistic about crypto costs persevering with to climb, saying that bitcoin would doubtless sink to the $12,000 to $13,000 stage earlier than topping $22,000, a stage it final reached in October. “It may be on the again of what are the opposite contagion impacts, round this specific occasion, FTX” he mentioned. “Completely different suppliers are going to wrestle to not solely meet liquidity calls for but additionally counter-party threat.”
