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Bangkok Post
Bangkok Post
Business

Investigating the crypto crash

Crypto Bitcoin MicroStrategy UST Cryptocurrency BlockFi Celsius Inflation LUNA Surapong Paisitpatanapong
A bitcoin representation is seen in an illustration picture taken at La Maison du Bitcoin in Paris. (Reuters file photo)

The value of cryptocurrencies has plunged over recent days, with Bitcoin -- the largest coin by market cap -- sinking to its lowest point since 2020.

Many people consider crypto to be a new means of exchange with great potential that will liberate users from financial intermediaries and provide a safe hedge against rising inflation.

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