Too Long; Didn't Read
Bitcoin fell from $30,500 to about $18,000 in just a four-day period in early June, a decline of more than 23 percent. Cryptocurrencies’ all-time highs of 2021 now seem like a distant memory, and the crypto crash of 2022 has seen major digital assets give back the gains they achieved during their historic bull run. The decline in crypto prices is putting stress on institutions and other large players in the field who made investments near the top of the market. Investors can expect plenty more of this volatility in the future as new cryptocurrencies emerge and others fall.