Crypto Crash Slashes BTC ETH XRP Treasury Will Wall Street Sell
TLDR
- Bitcoin, Ethereum, and and XRP treasuries face billions in losses after October’s market crash.
- Firms holding BTC, ETH, and XRP report massive unrealized losses and market struggles.
- Experts warn that overleveraged crypto treasuries may impact market stability long-term.
- Wall Street’s next move could determine whether BTC, ETH, and XRP recover or decline further.
The recent crypto market downturn has caused major losses for companies holding Bitcoin (BTC), Ethereum (ETH), and XRP in their treasuries. As prices plummeted through October, many firms saw their valuations drop significantly. With concerns about the sustainability of their strategies, the question arises: will Wall Street choose to hold or sell these…
