Melting down: Billionaire crypto investor sees more ‘damage to be done’ as Bitcoin rout deepens - Sydney Morning Herald

As Bitcoin and other cryptos continue to plummet, high-profile investor Michael Novogratz warned that he expects things to get worse before they get better.

Rising interest rates are giving individual and institutional investors pause for thought about the crypto market outlook, according to Edul Patel, chief executive officer of Mudrex, an algorithm-bas… [+1323 chars]

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