Wall Street Crypto Backers Feel the Pain
Posted on 06/28/2022
Wall Street firms quickly embraced cryptocurrencies when money was looser and capital poured into the sector. With various cryptocurrencies under pressure, and Bitcoin hovering around US$ 20,000, a number of Wall Street firms have taken losses. On June 24, 2022, Bitcoin slid as low as US$ 17,601, a nearly 75% collapse from the US$ 68,990…
