- From Tim Draper to top crypto bosses, the market was awash with pundits predicting new record highs for bitcoin in 2022.
- Other market players were less positive, and some correctly called bitcoin sinking below the $20,000 mark, even as low as $10,000.
- But the failure of stablecoin terraUSD, liquidity issues across the crypto industry and the dramatic collapse of the FTX exchange, shocked investors and sent ripples through the market.
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