Cryptocurrencies

Crypto Prices Slip After Record Week For Bitcoin Volatility

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By Emily Nicolle

May 14, 2022 at 12:38 PM UTC

Updated on

May 14, 2022 at 4:22 PM UTC

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Cryptocurrencies trended lower Saturday in the wake of the collapse of TerraUSD and the most volatile week for Bitcoin trading in at least two years.

The price of Bitcoin, the world’s largest cryptocurrency, had fallen 3% to below $29,000 just after noon in New York, according to pricing compiled by Bloomberg. Ether held steadily below the $2,000 threshold at around $1967.