This year, the crypto market has fully recovered from the collapse of the FTX exchange and the Alameda Research crypto fund. FTX was among the market leaders but went bankrupt in November 2022, triggering a massive crash in cryptocurrencies.

The lost liquidity due to the FTX and Alameda collapse has been completely restored — the depth of the Bitcoin market (the ability to execute relatively large trades without excessive influence on asset prices) has exceeded the pre-crisis level of $120 million.