The Potential for a Bull Run
The idea of FTX starting a bull run comes from risk-hungry investors. This belief might turn out to be a risk worth taking or it might also nosedive into the abyss. With Bitcoin steadily breaking all bounds and reaching new heights daily, FTX repayment might join in and align itself with a broader crypto market. This could also cause further growth in the crypto space.
Will the Market React Positively?
Not all creditors are thrilled about receiving cash instead of crypto. This is to be expected everything is bound to have 2 sides and in this case, most investors and creditors seem to be on board with a potential bull run while a certain amount has a skeptical view.
