A mural is painted on a wall during the North American Bitcoin Conference on January 19, 2022 in Miami, Florida. Photo: AFP
A mural is painted on a wall during the North American Bitcoin Conference on January 19, 2022 in Miami, Florida. Photo: AFP

Bitcoin’s crushing week and collapse in Ether, memecoins challenge optimism in digital assets

  • Bitcoin, the largest cryptocurrency, fell towards US$34,000 on Saturday to cap more than 50 per cent retreat from its all-time high last November
  • Even long-time bull like Novogratz has cautioned this will be a year where people realise ‘being an investor is a difficult job’

A mural is painted on a wall during the North American Bitcoin Conference on January 19, 2022 in Miami, Florida. Photo: AFP
A mural is painted on a wall during the North American Bitcoin Conference on January 19, 2022 in Miami, Florida. Photo: AFP
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