The cryptocurrency industry has wiped out about $2 trillion in value since hitting a $2.9 trillion peak in November 2021. All of the major digital tokens are deep in the red this year. Bitcoin has slumped more than 53 percent to around $22,000. Ethereum has lost 68 percent to about $1,200. Cardano has plunged 65 percent to below 50 cents. Dogecoin has collapsed 68 percent to roughly a nickel. Litecoin has cratered nearly 70 percent to under $50. Bitcoin and its crypto peers could be leading the financial markets lower,…
Read MoreCryptocurrency Market Wipes Out $2 Trillion in Value Since November Peak
