In any case none of this is good news for the price if liquidation is going to happen. Why would anyone loan these companies money when they are knee deep in loans as a result of ponzi level returns. The appetite for bitcoin is low. The environment is terrible for crypto. Little to no utility, incoming recession.
Correlation between bitcoin price and unfettered tether printing as well. With zero transparency. How confident could anyone be with having a single dollar in this what really seems to be a house of cards?
