Too Long; Didn't Read
Bitcoin's monthly moving average briefly held around $20,000 at the end of October. The latest US CPI data fell back to the "7 range" Risk assets other than cryptocurrencies are rallying violently again. The market created by this volatility is also vulnerable to unstable news, which can cause an upset to the balance. The FTX collapse of FTX followed the withdrawal of institutions and the release of risks. The catfish effect can activate the remaining crypto-native projects, making these organizations rid themselves of superiority and dependence.