Wall Street

Crypto Crash Causes Big Damage Among CEOs

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The Street

By Luc Olinga The collapse of cryptocurrency prices, including bitcoin, has had a sharp and unexpected impact at the top of crypto firms. The damage caused by the crash of the cryptocurrency market won’t be measurable for a long while. Digital-currency prices have crashed from their November highs, wiping out nearly $2.4 trillion, according to data firm CoinGecko. Bitcoin, the most popular cryptocurrency, has lost nearly three-quarters (73%) of its value since hitting a record $69,077.44 on Nov. 10. Similarly, ether, the second cryptocurrency by market valuation, is down 74% from its high of $…

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