Bitcoin (BTC), the largest cryptocurrency crashed to as low as $25,892 on the week of May 9, the lowest since December 2020. Since then, bitcoin has recovered somewhat and stabilized around the $30,000 level. As of press time it was changing hands around $30,223.
Originally Posted on: https://www.coindesk.com/markets/2022/05/23/crypto-funds-shrink-to-lowest-since-2021-summer-bear-market/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Krisztian Sandor