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Why cryptocurrency crashed: explaining the crypto and stablecoin implosion and what could be next

The Week in Philly from KYW Newsradio
The Week in Philly from KYW Newsradio
Episode • May 13, 2022 • 37m

It's been some pretty rough sailing for cryptocurrency investors. Markets are in turmoil, right at a time when it seemed like crypto was starting to break a little bit more into the mainstream. So what just happened in the markets? Why did crypto coins like Luna crash? How far does the damage go, and what happens next? We asked John Sedunov, Associate Professor of Finance at Villanova University.

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KYW Newsradio In Depth • Why cryptocurrency crashed: explaining the crypto and stablecoin implosion and what could be next • Listen on Fountain