Indeed; however, I think it might make sense in this case because the FTX scandal merely strengthens the fundamental value proposition of BTC (Don't trust, verify. Not your keys, not your coins, etc.). BTC investors who are unphased by price action simply view this as a sale/discount. Can't say the same for the rest of crypto though!
It is interesting, of course, that fraudulent actions attract new investors :)
Indeed; however, I think it might make sense in this case because the FTX scandal merely strengthens the fundamental value proposition of BTC (Don't trust, verify. Not your keys, not your coins, etc.). BTC investors who are unphased by price action simply view this as a sale/discount. Can't say the same for the rest of crypto though!