Joseph Ayoub on how the FTX cryptocurrency crash is contained

We think Bitcoin and ETH remain a too small part of the market to cause broader financial market contagion, with a total crypto market cap size of $890 billion vs $41 trillion for U.S. equities.  The FTX shortfall is still relatively small in comparison to other crypto events, such as Luna ($40 billion lost) or market cap losses in public tech names.

~ Joseph Ayoub, Citigroup digital asset analyst, "FTX's bust and crypto crash come with two silver linings," Yahoo!Finance, November 14, 2022