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Crypto Markets Pull Back From Brink in Respite From FTX Rout

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A reflection of a candlestick price chart and an illuminated Bitcoin logo inside a BitBase cryptocurrency exchange in Barcelona, Spain, on Monday, May 16, 2022. The wipeout of algorithmic stablecoin TerraUSD and its sister token Luna knocked more than $270 billion off the crypto sector’s total trillion-dollar value in the most volatile week for Bitcoin trading in at least two years. Photographer: Angel Garcia/Bloomberg

A reflection of a candlestick price chart and an illuminated Bitcoin logo inside a BitBase cryptocurrency exchange in Barcelona, Spain, on Monday, May 16, 2022. The wipeout of algorithmic stablecoin TerraUSD and its sister token Luna knocked more than $270 billion off the crypto sector’s total trillion-dollar value in the most volatile week for Bitcoin trading in at least two years. Photographer: Angel Garcia/Bloomberg



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