Crypto Update 5/18/22 | Big-Money Investors Who Boosted Bitcoin’s Price Might Now Crash It

With bitcoin sliding back below $30,000 in sync with U.S. stocks, plus a look at the early fallout from the collapse of UST, CoinDesk’s Markets Daily is back with the latest news roundup.

This episode is sponsored by Kava and BCB Group.

Today's Stories...Read the full show notes here.

Featured Story: Big-Money Investors Who Boosted Bitcoin’s Price Might Now Crash It

This episode was edited & produced by Adrian Blust with original music by Adrian Blust & Colin Mealey

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BCB Group is the leading business banking partner for the digital assets industry. We provide the rails to move money and a gateway for crypto to FX markets at scale. Our mission is to connect and bank the global crypto industry. Find out more by visiting bcbgroup.com/coindesk.

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Consensus 2022, the industry’s most influential event, is happening June 9–12 in Austin, TX. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code MarketsDaily15 to get 15% off your pass at www.coindesk.com/consensus2022.