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What Would Happen If Bitcoin Totally Crashed?
Bitcoin now has a $2.31 trillion market cap, and it’s sitting on the balance sheets of asset managers, institutions and even national treasuries. Millions of people hold it directly, and others are exposed through exchange-traded funds (ETFs), futures and retirement accounts. But what if the world’s largest cryptocurrency all came crashing down? A total collapse wouldn’t just hurt crypto investors. It’d ripple through the entire economy. Below, experts weigh in on the potential fallout. A sharp drop in bitcoin’s value would hurt many investors, but a total collapse to zero would be in another league ... (full story)
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