“Bankruptcies Changed Market Dynamics”
A successful data provider, Santiment, recently published its new research on its official Twitter account. According to this research, the fear on investors is still not over.
When we look at the trending keywords, it is seen that most of them are related to security. The bankruptcy of FTX, one of the largest cryptocurrency exchanges in the world, caused a great trauma on investors.
FTX was not an exchange used by a certain segment or country like some exchanges. The bankruptcy of the second largest cryptocurrency exchange yesterday has officially reset confidence in the crypto industry. Santiment quoted the following words in line with his latest research:
“One of the primary signs of fear is when the top trending #crypto keywords are almost all related to hardware wallets & security. We saw similar safety concerns from traders in November 2021 after the @FTX_Official collapse.”
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