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Wednesday, January 26, 2022

Crypto

 Washington Post: Crypto collapse erases more than $1 trillion in wealth, forcing a reckoning for everyday investors Some are rethinking their plans; others say they are invested for the long term By Tory Newmyer, Jeff Stein and Nitasha Tiku

Prices for cryptocurrencies — from relative stalwarts such as bitcoin and Ethereum to more exotic tokens — have cratered since reaching all-time highs in early November, wiping out an astonishing $1.35 trillion in value globally, nearly half of the total market, according to CoinMarketCap.

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