Wall Street

Crypto Warning From Within: Billionaire Says More Bad News Ahead

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The Street

By Luc Olinga The crypto industry is currently undergoing a truth test that will determine which projects are viable The list of damage is growing every day. The crypto market has lost more than $2.1 trillion since its November high, according to data from the firm CoinGecko. Bitcoin, the most popular digital currency, is down 71% to $20,086.93 from its November 10 all-time high of $69,044.77. Ether, the Ethereum platform token and second largest cryptocurrency by market value, is down 76.8% to $1,129.75 from its November all-time high of $4,878.26. In addition to cryptocurrencies, firms are a…

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