Crypto last period gain

After a long bearish trend, cryptos made a small hike during last 30 days period:

BTC 7 days 8.9%
BTC 30 days 36.0%

ETH 7 days 5.0%
ETH 30 days 33.5%

SOL 7 days 3.2%
SOL 30 days 112.6%

Genesis bankruptcy

Genesis Crypto lending was forced to freeze withdrawals as users demanded back $800 millions loaned, which was far more than what they could repay.

So due to its loss in its positions in FTX and crypto hedge fund Three Arrows Capital, Genesis lending eventually bankrupted.

The question is how it has already influenced the crypto market and how it will still do it.

Also another concern is if other platforms can bankrupt as domino effect.

No one has the exact answers about the future of the market, do your own analysis and considerations.