Asset Focus
Bitcoin, Tesla Gains Lagged in Wild Era for GameStop, Ether
Charts demonstrate the volatile ride taken by cryptocurrencies, meme stocks, and NFTs.
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Investor interest in crypto surged during the pandemic, and few asset classes have ever been so volatile.
Born in 2008 with a white paper that led to the creation of Bitcoin, crypto today includes more than 18,000 tokens and coins with a combined market cap of about $1.86 trillion, according to CoinMarketCap. Interest in nonfungible tokens (NFTs), an even newer type of blockchain-based asset, has also grown rapidly.