These Crypto Founders And Bitcoin Moguls Lost $116 Billion In 2022 were a year of crypto, then 2022 would have been a year of bitcoin. It was when the cryptocurrency reached its all-time high and became a global phenomenon. It also marked the birth of blockchain technology and its underlying cryptocurrency, Bitcoin.
These days, though, we’re living in a world where cryptocurrencies are taking on new meaning as they become more mainstream and accessible. In fact, there are now more than 1,000 cryptocurrencies on the market — many of which have seen tremendous growth in recent months and years.
And yet, despite this incredible success for cryptocurrencies and blockchain technology, there are still plenty of people who haven’t given them much thought — which could be why they got caught off guard by some major volatility last year or this year.