The 2022 "crypto winter" differs from previous crashes, in part due to the macro environment, the TerraUSD collapse, excess leverage, and contagion via 3AC (CNBC)
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CNBC:
The 2022 “crypto winter” differs from previous crashes, in part due to the macro environment, the TerraUSD collapse, excess leverage, and contagion via 3AC — – Cryptocurrencies have suffered a brutal comedown this year, losing $2 trillion in value since the height of a massive rally in 2021.
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