Tuesday, January 31, 2023

From $250,000 to $10,000 price calls: How market watchers got it wrong with bitcoin in 2022

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  • From Tim Draper to top crypto bosses, the market was awash with pundits predicting new record highs for bitcoin in 2022.
  • Other market players were less positive, and some correctly called bitcoin sinking below the $20,000 mark, even as low as $10,000.
  • But the failure of stablecoin terraUSD, liquidity issues across the crypto industry and the dramatic collapse of the FTX exchange, shocked investors and sent ripples through the market.

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Disclaimer: This story is generated from RSS Feed and has not been created or edited by Waba News. Publisher: CNBC


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