Town & Country (USA)
2022 CRYPTO CRASH
Duration: 184 days and counting. Catalysts: A slow recovery from Covid, the war in Ukraine, and high inflation. Cryptocurrency has imploded, with Bitcoin dropping 70 percent from its high. Outrageous Fortune: Elon Musk claimed to have a significant chunk of the $44 billion needed to purchase Twitter. Larry Ellison broke Florida’s real estate record with a $173 million purchase near Palm Beach. And you can’t fly first class to Europe for less than a year’s tuition. Need we say more?