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Hedge funds to crypto traders: ‘Told you it was a bubble’

‘There’s so much more trash to take out. It’s a multi-year setback,’ one crypto trader told FN

Traders are mulling their next steps amid a crypto rout
Traders are mulling their next steps amid a crypto rout Photo: Krisztian Bocsi/Getty Images

Investors are being bombarded from all angles. Covid continues, inflation is rampant, war rages in Ukraine, and tech stocks are deflating.

But for some corners of the market, the one and only concern is the crypto crash.

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