Business Insider India
- Bitcoin has lost its sheen as ‘digital gold’ as cryptocurrency markets move in tandem with other assets amid uncertain economic conditions.
- The ongoing debates on regulation, the conflict between Russia and Ukraine, and rising prices are only some of the factors affecting token prices in 2022.
- Business Insider’s monthly comic strip, ‘Bitter Coin’ takes a comical take on some of the questions creating fear, uncertainty and doubt (FUD) in the cryptocurrency markets right now.
The cryptocurrency market has been at the intersection of fear, uncertainty and doubt since the start of the year. Geopolitical unrest between Russia and the Ukraine, rising prices and the anticipated rate hike by the US Federal Reserve has cryptocurrency prices constantly on the move.
Bitcoin’s price has crashed, recovered and crashed again multiple times so far this year. Meanwhile, investors are wondering if there’s which corner of the crypto market will best weather the storm.
Here’s the seventh story in a series that we, at Business Insider, like to call ‘Bitter Coin’ – The Crypto Oracle