elon musk s chaotic twitter takeover and the energy turmoil at the pump. these are the top business stories at 2022. number 10. crypto crashed even flashy super bowl ads. i don t think so. couldn t hold off the chill of a crypto winter as investors dished risky assets. has the bitcoin bubble finally burst? part of a crash that has cost investors more than a trillion dollars. a downturn made worst by the implosion of the world s largest crypto exchange, ftx, over claims it misused customer money. $32 billion company that plunged into bankruptcy basically overnight. reporter: leaving millions of workers scrambling for funds. i m getting into crypto. and attracting government scrutiny.
investors ditched risky assets. has the bitcoin bubble burst? on downturn made worse by the implosion of the largest crypto exchange, ftx over claims it misused company money. the company that plunged into bankruptcy overnight. leaving millions of customers scrambling to recover funds. a class action suit for celebs who endorsed crypto. disgraced ftx founder, sam bankman-fried, saw his fortune evap evaporate. $100,000 or something like that. before being arrested on fraud and conspiracy charges, sbf s legal team said it s considering all options. number nine, americans are facing a housing crisis. the pandemic altered the housing
The September CPI print was hotter than what the market expected. Despite the elevated reading, Bitcoin rallied anyway. Find out if Bitcoin is an inflation hedge.
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