From TerraUSD's meltdown to the collapse of a $32 billion crypto empire, here is a full timeline of the crypto market's year in 2022

Dec 31 2022 by Business Insider

 

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The Federal Reserve's interest rate hikes spooked investors away from speculative bets like crypto in 2022. The industry endured a series of collapses, including FTX, algorithmic stablecoin UST, and centralized lender Celsius. Despite market doldrums, Wall Street giants like BlackRock inked majors crypto-related deals.

Crypto endured major blows this year as the industry's market cap sits more than two-thirds below its record high. The nascent space took hits from...

Continue Reading From TerraUSD's meltdown to the collapse of a $32 billion crypto empire, here is a full timeline of the crypto market's year in 2022