Bitcoin price more correlated to FTX developments than macro events: Research
Sami Kassab and Chris Collar from Messari reported that Bitcoin’s price was impacted more by the bankruptcy of crypto exchange FTX than interest rate increases by the United States Federal Reserve, which the Federal Reserve Bank of New York agreed with in its paper “The Bitcoin-Macro Disconnect.”
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### Instruction: Bitcoin price more correlated to FTX developments than macro events: Research

### Response: Sami Kassab and Chris Collar from Messari reported that Bitcoin’s price was impacted more by the bankruptcy of crypto exchange FTX than interest rate increases by the United States Federal Reserve, which the Federal Reserve Bank of New York agreed with in its paper “The Bitcoin-Macro Disconnect.”