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Crypto has a contagion problem, and it’s not over yet
  • Cascading liquidations and insolvencies in the crypto markets show how intertwined and leveraged the sector is
  • Dan Ashmore warns that further bankruptcies may lie ahead
  • Celsius, Terra and Three Arrows the highest profile, but concern about BlockFi, Tether and more firms too
June 23, 2022

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Market analysis

Crypto has a contagion problem, and it’s not over yet
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