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Fall of FTX would have a ‘domino effect’ on crypto exchanges, they warn in LatAm

Investors liquidated their possession of cryptocurrencies this Friday (11) in the midst of another episode of uncertainty for these assets: the bankruptcy declaration of the FTX broker. This could drag in other cryptocurrency firms, say crypto players in the region.

In trading on Friday, bitcoin (BTC) fell 5.36% to $16,853.33 and ether (XET) fell 5.09% to US$1,254.20. And there is room for further pullbacks.

Reinaldo Rabelo, CEO of Brazil's . . .

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