Bitcoin gets slashed in half. What's behind the crypto's existential crisis

In this articleMSTRSOL.CM=ETH.CM=BTC.CM=Nastco | GettyBitcoin tumbled toward $60,000 this week as investors reassessed its utility. And while there isn't one clear catalyst driving the bloodbath, one thing is clear: the crypto market is in crisis. "There's nothing going on in the marketplace that should have necessitated this type of a crash," Anthony Scaramucci, founder and managing partner of alternative investment firm SkyBridge, told CNBC. "And so I think that's made people, frankly, more fearful. ... Y ...