What happened to crypto?

But the road has been bumpy. When Silicon Valley Bank crashed on March 10, and crypto-friendly lender Signature Bank followed suit shortly after, crypto prices plunged. But by the end of March, both Bitcoin and Ethereum had notched new 2023 highs.

Will crypto prices go down after a major crash?

Following a major crash, prices could also continue to go down for some time, especially if the event causes financial troubles for other exchanges or currencies. Unlike traditional financial exchanges, crypto markets don't have circuit breakers, which automatically pause trading when prices dive too quickly.

Are crypto markets feeling Whiplash this year?

If you're following the crypto markets this year, you're likely feeling a bit of whiplash. Bitcoin and Ethereum are leaving the S&P 500 in the dust, up around 70% and 50% year-to-date, respectively. But the road has been bumpy.

Did cryptocurrency have a moment?

"Impact x Nightline" takes a look at the victims of the financial collapse. It seemed like cryptocurrency was having a moment. At the start of 2022, the Super Bowl featured celebrities like Tom Brady, Larry David and Matt Damon in commercials for crypto companies.