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Crypto markets going mainstream

Big Investors Are Giving Up on Crypto Markets Going Mainstream

Institutional investors were souring on cryptocurrencies even before this week. Institutional investors were souring on cryptocurrencies even before this week. The sudden downfall of Sam Bankman-Fried's FTX.com may have permanently damaged their prospects of being included in mainstream portfolios.While plenty of industry die-hards remain, many professional money managers are saying the case for crypto as a portfolio diversifier or digital gold has been debunked. The losses are too great and the market structure is