Crypto was once touted as a ‘safe haven’ asset – why did it crash too this week?
- Written by: Marta Khomyn, Lecturer, Finance and Data Analytics, University of Adelaide
Arsenii Palivoda/ShutterstockWe’ve just seen how quickly market turbulence can spread across the world of finance.
At the start of the week, fears of a US recession and a Japanese interest rate hike sent shockwaves across equity markets, currency markets (also known as forex markets) and bond markets.
The Dow Jones Industrial Average –...
Read more: Crypto was once touted as a ‘safe haven’ asset – why did it crash too this week?