Why the crypto crash won't slow down the global economy
Crypto-currencies have had a topsy-turvy 2022. One of the biggest reasons people have been investing in cryptocurrencies was their appeal of being a stable yet highly profitable investment. Many investors hoped that crypto would fly high even during the impending recession.
However, its recent crash indicated strong correlations with the financial markets.
Moreover, the geopolitical turmoil such as the Ukraine war has also led many investors to seek haven in low-risk investments such as gold bonds. Given the unstable environment in the financial markets, many crypto investors started selling their digital assets leading to a bloodbath in the crypto ma