By Dominique Berns
En finance, we call it a “crash” – understand: the sudden fall in the price of an asset class. In fact, in a few days, cryptocurrencies suffered a thaw. Between May 4 and May 12, bitcoin and ethereum – the two main ones, if we consider capitalization as a criterion – lost, respectively, a quarter and almost a third of their value in dollars.
This bitcoin and other crypto crash is neither the first nor (arguably) the last. The crypto market had already lost its feathers between mid-November and the end of January. So that in total, the courses were halved (and a little more in reality) in six months.
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