Investing

Bloomberg Wealth: Where Does Crypto Go From Here?

The FTX Token FTT Price Live Data on the Binance cryptocurrency exchange website.

Photographer: Lanna Apisukh/Bloomberg

If crypto doesn’t die, it’s going to look a lot different from here on out.

That might sound extreme. But if you haven’t been following along ⁠— many of our readers don’t invest in digital assets ⁠— the past week was “one of the darkest in the history of cryptocurrency.” The existential drama stems from the spectacular collapse of Sam Bankman-Fried’s crypto empire.