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What Is Crypto, and Is It Making a Comeback?
source link: https://www.businessinsider.com/what-is-crypto-and-is-it-making-a-comeback-2023-4
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What is crypto, and is it making a comeback?
Apr 18, 2023, 5:36 PM
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- Cryptocurrencies had a dreadful year in 2022, with investors losing billions.
- Now, prices of bitcoin and ethereum are recovering.
- But Insider correspondent April Joyner says the industry's future is still uncertain.
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Cryptocurrencies have been on a wild journey since bitcoin first emerged in 2009. The value of the digital coins peaked in 2021 before crashing in 2022, and the bankruptcy of FTX shook the industry. The future is still murky, as skeptics say the digital coins need to prove their worth.
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