Billionaires have lost fortunes, markets are in panic mode and one expert has even gone as far as to declare that “crypto is dead”. But what has caused all the mayhem in the cryptocurrency world? In a nutshell, the latest drama was the result of a massive sell-off, as spooked investors raced to offload their assets. However, the reasons behind that mass sell-off are complex. Tipping point behind massive crash: Over the past week, the value of bitcoin plummeted by almost 60 per cent from its highest-ever point. Insiders have put that phenomenon down to concerns that the US Federal Reserve’s attempts to kerb ... (full story)