Investors Concerned as Crypto Trumble Intensifies — WSJ
By WSJ StaffBitcoin and other digital tokens have been caught up in a broader decline afflicting riskier trades across all markets. Unprofitable technology businesses, speculative shell companies and meme stocks have all fallen out of favor in recent months. Investors are dialing down their risk exposure as they turn more pessimistic about the market and the economy, said Patrick Horsman, chief investment officer at crypto-treasury firm BNB Plus."I think we could see bitcoin get all the way back to $60,000," Horsman said of bitcoin. "We don't think the pain is over."This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).