The 2022 "crypto winter" differs from previous crashes, in part due to the macro environment, the TerraUSD collapse, excess leverage, and contagion via 3AC (CNBC)

https://ift.tt/ZKnWNPY

CNBC:
The 2022 “crypto winter” differs from previous crashes, in part due to the macro environment, the TerraUSD collapse, excess leverage, and contagion via 3AC  —  - Cryptocurrencies have suffered a brutal comedown this year, losing $2 trillion in value since the height of a massive rally in 2021.

from Techmeme https://ift.tt/5xIH7Ez