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Market Makers Focus on BTC and ETH as Retail Trading Apathy Drags

Market Makers Focus on BTC and ETH as Retail Trading Apathy Drags
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Crypto Market-Making Profit Margins Sink 30% in Wake-Up Call Post-FTX

(Bloomberg) Market making in digital tokens used to be a font of outsized profitability. The picture today is very different as costs jump and investors avoid a crypto sector scarred by a $2 trillion rout.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadOpenAI CEO Sam Altman First Person to Get Indonesian Golden VisaThe price crash led to bankruptc

Crypto Market-Making Profit Margins Sink 30% in  Wake-Up Call Post-FTX

Crypto Market-Making Profit Margins Sink 30% in  Wake-Up Call Post-FTX
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Crypto market-making profit margins sink 30% in wake-up call post-FTX

Crypto market value topped $3 trillion back then but has sunk to $1.1 trillion, hurt by higher interest rates that crushed speculative ardor.

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