Name: Celsius’ Liquidations Could be 'Significant' for the Altcoin Market: Kaiko
Uploaded: 2023-07-10T17:01:33.000Z
Duration: 1 min 16 s
Description: Bankrupt crypto lender Celsius received an approval from the court to convert its altcoin holdings to bitcoin and ether as part of its restructuring plan. According to data by Kaiko, the market impact could be significant, considering liquidity for the tokens has dropped over the past year. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."

CD20$2,048.712.94%BTC$73,937.220.69%ETH$2,025.890.57%XRP$1.341.96%SOL$82.871.12%

Celsius’ Liquidations Could be 'Significant' for the Altcoin Market: Kaiko | CoinDesk Videos

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CD20$2,048.712.94%BTC$73,937.220.69%ETH$2,025.890.57%XRP$1.341.96%SOL$82.871.12%

Celsius’ Liquidations Could be 'Significant' for the Altcoin Market: Kaiko | CoinDesk Videos