What's going on with the crypto crash?

The crypto crash has been fairly widespread. Bitcoin and ethereum are the flagship prices that generally signal the overall health of the industry. Since January, bitcoin has fallen as much as 60 per cent, and is currently trading at about $US23,000.

Was 2022 a 'crypto winter'?

Yahoo finance UK looks back over 2022, a year of "crypto winter", where investor nerves were well and truly tested. The cryptocurrency market cap hit a high of over $3tn (£2.46tn) in November 2021, but has now fallen to $904bn, according to data from Statistia.

How has the crypto market changed in 2022?

The early months of 2022 saw the crypto market climbing steadily amid more institutional adoption. In mid-March, Bitcoin broke through the $42,000 mark on the news that Ray Dalio's Bridgewater Associates hedge fund was set to invest in the digital asset.

What happened to bitcoin in 2018?

At the end of 2018, the markets were higher than they had ever been; the world watched as Bitcoin climbed from $5,000 to $15,000 to $20,000. Then, just as soon as it had risen, the price of BTC came crashing down. By early February, the price of Bitcoin sank as low as $6,200.