Current market is hitting long-term holders too.
that the cryptocurrency market is now entering a"phase-aligned with deepest and darkest phases of previous bears" that would prevent even long-term holders. finding new lows every week
, crypto exchanges have begun to feel the pinch. Crypto exchanges have already announced layoffs, while other crypto companies face liquidity crunches and even the risk of insolvency. Cryptolenders such as Voyager Digital and BlockFi have secured credit lines to keep themselves afloat,Crypto miners should ideally be insulated from the trading aspect of cryptocurrencies.
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