Crypto Crash: The Future of Digital Currency

Stephen Pelzel
May 24 · 3 min read

Bitcoin, along with the entire cyrpto market, recently went through one of the largest crypto crashes since their inception. Bitcoin alone went from an all time high of $64k per coin, to a low of $30k; over 50% value lost. At the time of writing this, Bitcoin has recovered to $34k per coin, but the damage done is still prevalent. So why did this crash happen, and what does this imply about the reliability of…