The cryptocurrency market, currently experiencing a slowdown, may be on the brink of a significant transformation due to a large capital influx. Over $12 billion is expected to be distributed among FTX creditors in upcoming months.
This financial injection stems from a court-approved repayment plan involving FTX, a notable development in the cryptocurrency sphere.
Market watchers and participants are eager to see if this massive fund allocation will lead to market rejuvenation, potentially altering current market conditions and dynamics significantly.
