Crypto Markets Panic: Where Things Went Wrong
May 19, 2021 at 13:13 PM EDT
This morning saw mass chaos in the crypto markets, as Bitcoin fell 30%, leveling close to $30,000 at one point, and Ethereum losing more than 40% of its value, per the Financial Times. Traffic and sell-offs were so pronounced that Coinbase (COIN), Kraken, and Gemini, all main crypto exchanges,...