“Bitcoin and other cryptos have been clobbered in 2022 as The Fed tightens monetary policy to combat inflation.”
Which is quite funny to me, since if crypto was an actual viable alternative to fiat currency it would be in demand as inflation rises and people seek safe harbors from devalued fiat money. Instead we see the opposite.
Yup those thinking of crypto as some sort of “digital gold” are in for a rude awakening.