On: Three Arrows Capital reportedly facing insolvency

[themgt]

At peak ~7 months ago crypto's market cap was ~$2.8 trillion. Now down nearly $2 trillion.

Tether's $70B market cap is currently over 50% of ETH's and nearly 20% of BTC's. The whole thing looks like an incredible shitshow.

https://coinmarketcap.com/charts/