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📊 Fed up. TradFi indices reached for new all-time highs as the total crypto market cap continued to hammer against $1.6T weekly resistance. What big event impacted markets this week?
The good news: FTX will be fully repaying its customers. The bad news: repayments will be based on market fiat prices of assets tied to when it declared bankruptcy. This process will see FTX distributing $30-35B to roughly 15M people and canceling its relaunch plans.
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