Every market situation always have a high impact on alternative cryptocurrencies more than Bitcoin, this is due to so many features that differentiate Bitcoin from altcoins.
Even though alternative cryptocurrencies are best for short-term speculation and not meant to be held for long due to their unstable market reactions.
So the question is.
1: What is the impact of FTX bankruptcy sega on your
altcoin portfolio?
2: what is the level of your portfolio recovery because I am well aware that some coins have started recovering already, but we can't be certain how long that recovery will last.
How would i know it? Everything in this market is connected and nothing happens in isolation. I am guessing that crash of UST had way bigger effect and bear market started way before FTX. How big part of the crash was because FTX it's hard to say, but i am rekt after taxes.
Current situation in the real world doesn't help either with prices of everything growing i needed to cut my spendings as much as possible to even survive.