Is the crypto bubble bursting?
Last week cryptocurrency suffered it’s ‘black Wednesday’ moment. Investors raced to withdraw their funds and more than $200billion was wiped off the cryptocurrency market. One currency lost 98% of its value.
Ironically it was a so-called “stablecoin”, whose value is meant to be pegged to currencies like the dollar, that collapsed.
Was this a solitary - but very costly - blip or is the crypto bubble in danger of bursting?
Joining David in the briefing room are:
Gavin Brown, Associate Professor in Financial Technology at The University of Liverpool Jemima Kelly, columnist at the Financial Times…
The skinny
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