Crypto voices: investors speak about the market shock
— Investors, Market, Cent, Voices, Tokens, Prices, Shock, Baker, Money, Token — 1 min read
Total crypto market value has dropped below $1tn, down by more than two-thirds from a peak of $3.2tn last autumn. Bitcoin, the largest cryptocurrency, has fallen 70 per cent in the same period, hitting levels not seen since 2017. Nearly one in five UK adults have invested in crypto, according to a survey from crypto exchange Gemini this year. Many have already been wiped out as their leveraged bets went bad. Others have fund trapped in collapsed or suspended crypto companies. And still more are now wondering what to do next with diminished holdings. The pain extends far from sophisticated crypto traders to millions of have-a-go amateurs, including many British retail investors. Several agreed to tell how they came to join the crypto bubble Source