HomeMarketsIndicesGareth Soloway: FTX Comparison Vs Lehman Brothers
Gareth Soloway: FTX Comparison Vs Lehman Brothers

How far will the FTX crypto contagion spread? "The bitcoin price is beginnings its final move to the downside. I have been comparing FTX to Lehman Brothers as there are similarities. The bitcoin bottom should be around the 9K to 10K price level. This will be a long-term bottom that will coordinate with inflation as stocks will be fighting a recession. Regulation in the crypto markets will cause the bitcoin price to move up," says Gareth Soloway.

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