$714 billion have gone up in smoke.
Of the seven biggest, six have plunged by 78% to 92%. And there are now nearly 2,000 of them.
Go find someone else to regulate them.
Down 70% from the peak. This is just not fun anymore.
But nothing goes to heck in a straight line.
The crypto-crash crushes hopes, but will it impact the economy?
And cryptocurrencies plunge.
What the First Ruling by a Federal Judge on Cryptocurrencies Means. Law firm weighs in.
“If authorities do not act preemptively, cryptocurrencies could become more interconnected with the main financial system and become a threat to financial stability.”
This is not like the dotcom crash – though it’s even more brutal.