Deutsche Bank: Crypto Freefall Could Continue Because of the System’s Complexity

Furthermore, speculative trades are likely to involve the simultaneous use of several coins, which increases spillover effects, the bank said. Whatever liquidity might exist in these markets could quickly evaporate, which would erode confidence in prices and increase the likelihood of contagion, it added.

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• Source: https://www.coindesk.com/markets/2022/06/29/deutsche-bank-crypto-freefall-could-continue-because-of-the-systems-complexity/?utm_medium=referral&utm_source=rss&utm_campaign=headlines