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

In between, a nascent technocratic industry with grand ambitions to reinvent the financial system was rocked repeatedly by echoes of past crises in the old system

Cryptocurrency, Bitcoin, Crypto market

It was a week of margin calls, forced selling and important collateral being exposed as way too illiquid in a time of crisis.

It was one of the most dramatic weeks in the short history of the cryptocurrency market, bookended by the type of announcements investors fear the most from a counterparty: We’re

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First Published: Jun 18 2022 | 6:58 AM IST

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