Recent fall of FTX shook the crypto ecosystem
The exception is on the bitcoin network only, while other cryptocurrencies may be affected, bitcoin is independent of any other currencies because it's the first decentralized digital currency introduced and has always maintained it's standard and value all time.
Also It has come as a lesson for crypto world, though an expensive one.
Though alot of people have been withdrawing their asset from centralized exchanges and about $3.7 millions have been evacuated already from exchanges into personal wallet, but i won't surprise is hearing that some are still looking for more altcurrencies projects to invest with.
There are many crypto assets that are currently in the market and are backed by nothing.
They actually got backed by something but in a deceiving manner, they will pump finance into a project and raise expecta high for people to invest large amount and later withdraw all their investment thereby taking away other people's asset in it.