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

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

What just happened in the markets? Why did crypto coins like Luna crash? How far does the damage go, and what happens next?

The Week in Philly from KYW Newsradio

May 13, 202233m 14s

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Show Notes

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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