Crypto numbers in the last 5 years have a story to tell, and it's not rosy
— Surpass, Talked, Inflation, Multiplied, Xrp, Supreme court, Declined since, Elon musk, Crypto market, Several countries — 1 min read
As of July 7, 2022, was trading at $20,528. Compared to this, the price of was near $2,500. Since its peak of $67,566 in November 2021, the largest has seen its market cap erode by around $880 billion or nearly 70 per cent of the investors' wealth. The Indian government and the RBI have not been keen on cryptocurrencies for years. The central banks have started raising interest rates to absorb the liquidity in the market. The ongoing Russia-Ukraine war has accentuated the situation. The governments have also been worried about the potential use of by terrorist organisations and hackers. While predicting the future is a hazardous business, it does look bleak for cryptocurrencies. The future is uncertain. Source