Does the cryptocurrency crash pose a threat to the financial system?

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[{"selector":"#anim-1d50b22d-8f86-482c-bdac-8a5137317ff8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-9e235a21-13e9-419d-a9e4-ea4496d6b075","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e7ffce49-2657-46ee-9baa-edb88f4889cc","keyframes":{"transform":["translate3d(0px, -134.06084%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2d1dcaff-34cb-4d23-ba4c-7b419e6f9265","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4d184930-5b0e-451c-93d9-c3c7730e2da0","keyframes":{"transform":["translate3d(0px, -146.14861%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] On Tuesday, Bitcoin fell briefly below $30,000 for the first time in 10 months, while cryptocurrencies overall have lost nearly $800 billion in market value in the past month

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[{"selector":"#anim-60c947ab-6f55-419d-9226-6a3ff84fe6f6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-caccbba3-8733-43a2-b069-06585e472a68","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e9f031e3-68cc-4a90-ba35-3906ca6f4292","keyframes":{"transform":["translate3d(0px, -134.06084%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5da04d9b-813a-4a7c-8832-6c2e25833dd4","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8e4c1b47-e476-4cc4-af9d-55c0448544a3","keyframes":{"transform":["translate3d(0px, -357.00469%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] That figure was $1.51 trillion on Tuesday.

COULD A CRYPTO CRASH HURT THE FINANCIAL SYSTEM?

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[{"selector":"#anim-705a306a-0340-4d4b-8fe1-3eb673918697 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-4efc47f4-c6b4-4467-8328-74111ce6d61f","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9740e4e0-2486-49d4-863f-c65dcdd6c69e","keyframes":{"transform":["translate3d(0px, -134.06084%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-05ea7905-08a3-46ca-9a7e-807647297469","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f9d79c3d-394a-4d97-a977-4776190fe05e","keyframes":{"transform":["translate3d(0px, -159.54861%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Coinbase, the world's largest cryptocurrency exchange, said institutional and retail investors each accounted for about 50% of the assets on its platform in the fourth quarter

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[{"selector":"#anim-88f26997-f0b4-4d2a-8b75-52a57a1c1eea [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-1.0658141036401503e-14%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-ac6d0df0-1d88-428e-abfa-d4b311db9c82","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bcdf76c8-b317-4a46-9b74-aaf8e29de2a7","keyframes":{"transform":["translate3d(0px, -134.06084%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-978631e1-e0b8-4a86-b0f3-cfe572adfdf9","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1ef04816-62ba-43d8-9510-4e8746331d07","keyframes":{"transform":["translate3d(0px, -213.04907%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Approximately 14% of Americans were invested in digital assets as of 2021, according to University of Chicago research.

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[{"selector":"#anim-379d625e-e7d5-430f-8468-cbde2cdae92f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-f9cce353-a0f4-4d0d-a82a-1b08b7d198ae","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b7fab432-8c6d-45df-94ed-99482a67ae08","keyframes":{"transform":["translate3d(0px, -134.06084%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f2717a0c-2bfe-4324-9235-67a6b6716346","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-086c5236-30ca-4466-b546-f9d2c3c8ee2e","keyframes":{"transform":["translate3d(0px, -374.93536%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] That move partly contributed to bitcoin's fall.

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