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BREAKING: Bitcoin bear market causing $19B liquidations and a trillion-dollar drop in market cap?! The REAL reason behind the chaos revealed by Ava
The imbalance between supply and demand in the crypto market: new investment instruments like ETFs and digital asset treasuries exacerbate oversupply, challenging market
00:00 🕛 Speaker A talks about Bitcoin falling below 100,000, causing market risk aversion. Over 19 billion liquidations and a trillion-dollar drop in total crypto market cap reported by Coin Gecko. John Woo, Ava Lab President, shares insights on market trends.
00:36 🕐 Speaker A discusses the prolonged impact of the October 10th crypto market dislocation. John Wu explains the oversupply of crypto assets due to new investment instruments like ETFs and digital asset treasuries, leading to market struggle despite increasing real-world blockchain adoption.
01:06 🕐 John Wu further elaborates on the imbalance between supply and demand in the crypto market, despite growing real-world blockchain usage.
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