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FTX Bankruptcy Plan Approval Boosts Market Liquidity | Flash News Detail | Blockchain.News
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10/7/2024 8:43:48 PM

FTX Bankruptcy Plan Approval Boosts Market Liquidity

FTX Bankruptcy Plan Approval Boosts Market Liquidity

According to CryptoMichNL, the approval of the FTX Bankruptcy Plan will lead to the distribution of billions of dollars to creditors. Although it remains uncertain how much of this capital will be used to purchase Bitcoin or Altcoins, it is expected that a significant portion will return to the market, enhancing liquidity.

Source

Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast