Crypto market starting to see even old-timers 'panic selling' amid rout

The vanishing gains suggest long-term owners are coming under pressure, a potentially worrying sign for a market known for its hodlers

Photo: Bloomberg

Photo: Bloomberg

As the crypto market crumbled this year, short-term speculators were among the first to dump their holdings. Now mounting losses have even some of the most steadfast investors looking like

Also Read

Dogecoin's investor sues Musk for $258 bn in US for illegal rackeetering

What exactly is cryptocurrency and how it works?

Crypto update: Bitcoin, Ether bounce off lows after record-breaking rout

Crypto market sinks below $1 trn after latest DeFi blowup; Bitcoin down 17%

Bitcoin touches six-week low amid risk-off mood; Ether slumps to $2,799

Find the roaches and make a meal: Crypto's new name of the game

Cloudy valuations give investors pause in buying beaten-up US stocks

Crypto's excruciating week has traders bracing for the next crisis

Monkeypox bite: Bavarian Nordic is becoming a 'hot stock' again

Oil prices drop 2% on recession concerns, heading for weekly fall

First Published: Jun 19 2022 | 10:29 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to