The Globe and Mail
Young investors are losing their enthusiasm for crypto as prices collapse
In May, when stablecoin TerraUSD crashed and crypto exchange Celsius Network froze withdrawals, the entire crypto market saw devastating losses. Bitcoin dropped to its lowest point since 2020 as investors fled the market.
The market has yet to recover, and it’s unclear whether prices will still drop further. Investors wonder whether their investments will turn a profit, or at least break even, if they just HODL – hold on for dear life – long enough.
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