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Forget a bitcoin winter - a crypto 'ice age' might be coming as the Fed ends the easy-money era

4 monthes ago   |   By Business Insider

Prices have slumped, raising fears about a crypto winter. FTiare/Getty Images
A crypto "ice age" might be coming as the Fed slashes its support for markets and the economy.
Crypto prices have slumped, with bitcoin tumbling to a six-month low below $38,000 on Friday.
With the Fed hiking interest rates, and nagging questions about regulation and the technology, the outlook could be bleak.
Things are getting cold in crypto-land. Bitcoin is down dramatically from its November peak of close to $69,000, falling to a six-month low below $38,000 Friday. Trading volumes have slumped. Some investors...
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