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📰 News and Market Updates 📰
FTX bankruptcy drama unfolding. A US bankruptcy court decision may set a global precedent, with at least 40 objections from creditors in China, Saudi Arabia, and other countries. This could have significant implications for the crypto market, particularly in terms of cross-border creditor rights.
Current market metrics: $FTX is trading at 27.41 with a 24h price change of 4.85%. Market cap is around 11.5 billion. Volume changes are down 99.98% in the last 24h.
Watching this space closely for any further developments. Could be a wild ride ahead.
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