WHY DOES BITCOIN KEEP CRASHING?
ITCOIN TOOK A BRUTAL FALL IN MAY, with the value of each unit dipping below $30,000 for the first time since July 2021. The world’s largest cryptocurrency is now worth less than half of what it was last autumn. Other cryptocurrencies, like Ether and BNB, have seen similar falls. Some experts are now warning of a “crypto winter,” in which the sector’s astonishing growth
