I originally thought that FTX's repayment should be considered a negative, and I was worried that users would dump the coins. Now I read the news and found out that it turned out to be a positive! With so many positive factors, it's no wonder that Bitcoin has risen violently!
Report: FTX's repayment may be seen as a bullish suspense
A report from digital asset brokerage firm K33 on Tuesday indicated that the repayment of the collapsed cryptocurrency exchange FTX may have a bullish impact on the cryptocurrency market. K33 wrote in the report: "While the repayment of Mt. Gox and Gemini creditors represents a bearish suspense in the market, FTX's cash repayment may be seen as a bullish suspense."