I'm surprised no one has bumped this thread today, or maybe it's just too early in the day.
Too early in the day.
I started plugging numbers in my excel, but every time I look at the market, I have to update those red calculations. So I gave up.
This is going to hit MSRT balance sheets really hard on the third quarter. At least they have plenty of time to hope for a market bounce.
The red day has just started, the lowest price has hit our portfolio. I dont think it will happen in the short term because the Fed still make a tight policy to handle inflation of their country. Not only the crypto market get the bearish moment but also every risk market get the impact. This will happen more than one month, until the Fed will start relaxing their policy.