FTX crisis likely to spark a domino effect, macro analyst explains


$ 116,503.1
€ 99,114.4
¥ 38,800.0
£ 86,376.7
BTC
-0.52 %
$ 4,521.48
€ 3,846.62
¥ 1,506.15
£ 3,351.73
ETH
-1.22 %
$ 300.20
€ 255.34
¥ 100.26
£ 222.49
XMR
0.68 %
$ 116.17
€ 98.79
¥ 38.71
£ 86.08
LTC
0.33 %

The collapse of Sam Bankman-Fried’s crypto empire is likely to have repercussions beyond the crypto markets, according to Mike McGlone, senior commodity strategist at Bloomberg.