Bitcoin fell below $20,000 on June 18 for the first time since December 2020; Overall crypto market has slumped to around $900 billion, down from a record $3 trillion in November.
It was one of the most dramatic weeks in the short history of the cryptocurrency market, bookended by the type of announcements investors fear the most from a counterparty: Wer'e sorry, but we just cant return your money right now.
Hot Mic with Nidhi Razdan: It was touted as the next big thing of the future. In the last few years, the cryptocurrency market has boomed in several countries and those who took a chance and invested in it, made millions.