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[quote=Anonymous]It is really unknown if BTC imploding can cause contagion. How much do funds own and bet on crypto? If they lose and get margin called, they may have to sell other assets like stocks to cover the losses. We will wait and see. If you're a govt and watching contagion spread from an unregulated wild west of crypto to your actual financial markets, then it doesn't take a genius to figure out that the govt hammer may come in the future to try to kill crypto or significantly regulate it. It could cause even more losses for crypto holders.[/quote]
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