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Crypto’s youngest investors hold firm against headwinds — and headlines

Published 05/30/2022, 09:33 AM
Updated 05/30/2022, 11:20 AM
Crypto’s youngest investors hold firm against headwinds — and headlines
BTC/USD
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These can be anxious times for holders of cryptocurrencies, especially those who entered the market in late 2021 when prices were cresting. Bitcoin (BTC), Ether (ETH) and especially altcoins now appear to be undergoing a major reset, down 50% or more from November highs.

Some worry that a whole generation of crypto adopters could be lost if things crumble further. “If the market decline continues, it will become too painful and retail investors will bail,” Eben Burr, president of Toews Asset Management, told Reuters earlier this month. “Everyone has a breaking point.”

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