FTX repayments might cause crypto buying pressure: K33 A Tues | Crypto News Source
FTX repayments might cause crypto buying pressure: K33
A Tuesday report from the digital asset brokerage firm K33 suggests that repayments from the collapsed crypto exchange FTX might have bullish effects on the crypto market. "While Mt. Gox and Gemini creditor repayments represent a bearish overhang in the market, FTX’s cash repayment may be viewed as a bullish overhang," K33 wrote in the report.