The biggest crypto mystery of the year has been given everything we now know, why was Bitcoin above $20,000?
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@carnage4life I think the prices in the mid 10s were a balancing point between further oblivion from the FTX collapse and a reprieve from destruction. As it turned out, the fallout from FTX didn't knock over all of the dominoes, so it turned out the drop overshot. Silvergate brings things back into "oh God who's next?" territory.
It'll take the collapse of Binance or Tether to drop bitcoin below 10, I think.
