A total crypto fund of $4.5Billion makes it the highest crypto fund to be raised in the entire world. This is surely a huge boost for the market, for the investors and for the startups dealing in cryptocurrency.
This is bbc world news. the latest headlines: russia is to stage its annual victory day parade but it s condemned for its agression against ukraine. millions of people are voting in the philippines as the country chooses its next president. the value of bitcoin continued to fall over the weekend as it dropped below $34,000, according to the coinbase cryptocurrency exchange. the world s largest cryptocurrency by market value has now fallen by 50% since its peak in november last year. joining me now is mike coop, cio for emea at morningstar investment management. to what extent is the fall linked to the slide in stock markets around the world? the story with markets around the world? tie: story with bitcoin is about the rising cost of capital. along