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Amundi and PGIM warn of crypto winter: ‘This crash feels different’
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Cryptocurrency traders are bracing for more turmoil after a market meltdown claimed more than 1,000 jobs and put the industry on the brink of a ‘crypto winter’.
Investors were left hoping for some respite after bitcoin plunged last week to lows not seen since 2020, lending platforms Celsius and Babel froze withdrawals and crypto exchange Coinbase axed a fifth of its workforce. Beyond the world of crypto, investors are reeling as inflation soars, interest rates rise and as tech stocks drag markets lower.
“It...
Read more on fnlondon.comAbout this in other media
Cryptocurrency Prices Today July 4: Bitcoin falls, Ripple gains 2% as crypto market shows mixed trend moneycontrol.com /2 years ago
How to deal with crypto turbulence: Investors give their top tips on weathering a crypto winter euronews.com /2 years ago
21Shares responds to bear market with crypto winter ETP cointelegraph.com /2 years ago
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