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Luna landing: Crypto chaos

The Intelligence from The Economist

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The History of Cryptocurrency

Alice fulwood is the economists amer finance correspondent. The total market cap for crypto piqued had around three trillion dollars in november, but is now less than half of that. A bitcoin is trading at a round 29 k, which is about forty % of its all time high. Ether, the other stet of second viger's crypto currency, has fallen by a similar amount. And the share price of the leading crypto industry stock, coin base, is down by about half in just over a week and fell 26 % in a single day after it reported earnings.

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