The price of bitcoin has fallen by 70% from its peak, and overall, the total value of crypto assets has shrunk by two-thirds. This week’s “Money Talks” podcast asks how long this downturn will last
In much of the northern hemisphere, it is summer. But in the world of crypto, winter has arrived. The price of bitcoin, which has been hovering around $20,000, isof last year. In fact, the entire market capitalisation of the cryptoverse has shrunk by more than two-thirds since November 2021.
This week, hosts Alice Fulwood, Mike Bird and Soumaya Keynes first look at why this crash is different from the many that have come before in the short life-span of cryptocurrencies. Then, they ask what weaknesses have been exposed in this downturn.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crypto hedge fund Three Arrows falls into liquidation\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Read more »
Chinese-state sponsored blockchain org slams cryptosCommunists reckon Bill Gates and Warren Buffet got it right
Read more »
Lincoln population rises by 11%, Census revealsData from last year's Census has been published
Read more »
Somaiya Begum: Several arrested over Bradford woman's disappearanceThe 20-year-old was last seen at her home in Bradford at the weekend.
Read more »
Rail depot fire closes road and leaves homes without powerDrone footage has now emerged of the blaze last night
Read more »