Cryptocurrency prices are plunging, with holders losing about £300billion of value in under a month. So why are prices crashing and should investors dip their toe in or steer well clear? Mark Baker, at financial research company 5i Research, believes the volatility of cryptocurrency is inherent to its make-up. Cryptocurrency is essentially digital money, designed as an alternative to traditional currencies such as the pound or dollar. One Terra was worth one US dollar until a few days ago when its value suddenly started to plunge.

Source: Daily Mail May 15, 2022 01:52 UTC