Investors are fleeing from risky assets and into safer ones - and that means crypto, which delivered investors eye-watering yields over the past couple of years, is now under a lot of pressure.
Rising interest rates worldwide have prompted investors to flee from risky assets and into safer ones.
As one of the riskiest assets around, the eye-watering yields that crypto investors have enjoyed the past two years are also under heavy pressure.
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Original URL: https://www.afr.com/technology/what-caused-crypto-to-crash-this-time-in-five-charts-and-will-it-survive-20220711-p5b0ps
