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RE: Steemit Crypto Academy Contest / S6W2- Centralized Cryptocurrency Exchange Platforms and Its Risks

Dear @jasminemary,

You have posted a very beautiful post that is exactly reflecting the expected one from the team. The issue of the bankruptcy of the FTX exchange is a matter of a very bad situation among the large investors of the cryptocurrency.

The main impact on Bitcoin is that it will lose its value and the glory that is attached to it. The price of Bitcoin will be affected for a long time before it can bounce back.

The price of the btc has been effected very much by the incident of the FTX exchange. And likewise other cryptos are also effected by this huge loss. But we can hope for the back move of the market.

I wish many success for you in this week of the contest.

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I appreciate your time.

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