[TĐH: I still can’t understand why the governments of the world still haven’t banned criptocurencies completely. They are a huge threat to the world’s financial stability.]

 

By Julia Horowitz, CNN Business

Updated 1230 GMT (2030 HKT) May 12, 2022

 

London (CNN Business)Investors in stocks, bonds and commodities are all on edge right now. But in the market for cryptocurrencies, unease has morphed into full-on panic, catching the attention of regulators in Washington tasked with maintaining financial stability.

What’s happening: As of last Friday, the price of bitcoin had plunged almost 50% from its all-time high as traders — concerned about whether the Federal Reserve’s bid to fight inflation could tip the economy into a recession — dumped riskier investments. >