Crypto's Tumultuous Second Quarter Leaves Investors Asking: What Else Could Go Wrong? – The Wall Street Journal

Crypto's Tumultuous Second Quarter Leaves Investors Asking: What Else Could Go Wrong? – The Wall Street Journal

Blockchain Crypto Market Technology
June 30, 2022 by Coinvasity
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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/cryptos-tumultuous-second-quarter-leaves-investors-asking-what-else-could-go-wrong-11656581401Listen to article(2 minutes)Crypto’s rocket ship to the moon crash-landed back on
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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.
https://www.wsj.com/articles/cryptos-tumultuous-second-quarter-leaves-investors-asking-what-else-could-go-wrong-11656581401
Listen to article
(2 minutes)
Crypto’s rocket ship to the moon crash-landed back on Earth in the second quarter.
In almost every way, the second quarter was the polar opposite of the gilded, nearly two-year rally that preceded it. Two related cryptocurrencies, TerraUSD and Luna, plunged in early May, and the effects quickly rippled. Prices for bitcoin and other cryptocurrencies tumbled. Lenders told customers they couldn’t take their money out.
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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

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