They had a phenomenal rise in 2021-22, but Bitcoin, Ethereum and other cryptocurrency prices have since crashed. Savvy investors can adjust to this volatility, but new ones, who took a fancy to cryptocurrencies because of their past returns, have their work cut out. Here’s what you should do.
On Monday, the cryptocurrency industry remained on the edge as bitcoin fought to hold above a critical level, with investors concerned that issues at large crypto companies may trigger a wider market shakeout.
A U.S. investor sued Binance U.S. and its CEO on Monday, alleging that the cryptocurrency exchange deceptively advertised Terra USD as a safe asset before the so-called stablecoin's value collapsed last month.