Could this crash send waves into our world of real money ?
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Prices of digital currencies fell again as the crisis engulfing the market deepened over the weekend. Bitcoin, the world’s biggest cryptocurrency, has plummeted about 65% so far this year. It was trading at about $16,500 on Monday, according to CoinDesk. Analysts believe that it could fall below $10,000.
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https://edition.cnn.com/2022/11/14/b...ntl/index.html
Edit
Was also wondering if this crypto crisis could spread to other crypto and I found this article
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Both FTX and Binance are “international” exchanges, the cryptocurrency equivalent of an offshore casino. Each also operates an arms-length US-regulated outlet, which closely follows what little regulation there is from the US government, but the bulk of the money that flows through their books is in effect unconstrained by regulatory requirements.
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https://www.theguardian.com/technolo...rest-of-crypto
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