2022 marked one of the most catastrophic years for the cryptocurrency ecosystem, with major tokens such as Bitcoin (BTC-USD) and Ethereum (ETH-USD) erasing huge multi-year gains in the wake of industry-wide pain.
VOC summed up the year ‘s second quarter in the timeline below featuring the collapses of formerly prominent crypto-related firms. A number of the companies suffered from a liquidity crunch triggered by the sudden drop in bitcoin (BTC-USD) and other coins.
With the global crypto market still in shambles VOC brings to you a quick wrap that explains what happened in 2022’s second quarter.
