Cryptocurrencies
Roaring Crypto Cacophony Drowns Out Rest of Wall Street
- Wild week included Musk tanking both Dogecoin and Bitcoin
- Federal investigation and ransom payment also pressure prices
Photographer: Gabby Jones/Bloomberg
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Wild stock swings, spikes in Treasury yields, startling economic readings? Interesting, sure. But if you really want to get people’s attention right now, you need to tell them a story about crypto.
And there have been a lot of those. Even for a market that’s famous for its wild volatility and gimmicks, the past week’s cryptocurrency news set new records for jaw-droppers.