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Bitcoin remains at $16,000. SK Zheng, co-founder of cryptocurr | IntelexGlobal.free

Bitcoin remains at $16,000. SK Zheng, co-founder of cryptocurrency hedge fund ZX Squared Capital, believes institutional investors' interest in the cryptocurrency industry will not be shaken by the collapse of FTX.
CK Zheng, former head of risk at large Swiss financial conglomerate Credit Suisse, said the fall of a major player like FTX should be the latest in a cycle of deleveraging in the market that began after the COVID-19 pandemic and accelerated even more after the crash Terra ecosystems.