The new year has been upon us for less than a month, but the Great Crypto Crash of 2022 has already caused a lot of investors pain.
The risk aversion dogging Wall Street has infected cryptocurrencies, resulting in a dramatic sell-off in digital coins that yanked Bitcoin (BTC-USD) below $34,000. While the token recouped some of those losses, most analysts think there’s more downside left to probe, especially with crypto’s growing correlation with other risk-on assets.
Like stocks, Bitcoin’s…
Source link
