According to the analysis of the Cumberland team, some companies that are currently experiencing financial difficulties are causing great uncertainty in the cryptocurrency market.
According to the predictions of Cumberland, one of the crypto currency trading companies, the crypto money market how fast will it recovercompanies currently experiencing financial difficulties. holding cryptocurrenciesmore in safe condition to companies with how fast will it pass will be linked to.
Some companies use cryptocurrencies to fulfill their financial obligations. will cash out is being considered. Cumberland describes its impact on the market as follows:
“It remains unclear when and in what quantities these assets will be sold, and this uncertainty hovers over the crypto market like a cloud.”
Cumberland, which has offices around the world, operates within DRW. According to the company’s share, investors are worried about the uncertainty in the market. hesitant to invest and this situation “While reducing liquidity, it leads to increased volatility.”
Some companies in the industry, especially The collapse of the Terra ecosystem Then he began to experience financial difficulties. Some lending platforms, including Celsius, are in the process. temporarily stop withdrawals took the decision.
This is due to large hedge funds. With the liquidation of Three Arrows Capital (3AC) intensified.