Why is crypto crashing? A Q&A on bitcoin, luna and other falling cryptocurrencies

Why is crypto crashing? A Q&A on bitcoin, luna and other falling cryptocurrencies

The cryptocurrency market is seeing one of its worst selloffs since a market rally in 2020, sparking panic among investors and raising questions about why crypto prices have been increasingly sensitive to gyrations in the stock market.

In particular, stablecoins are in the spotlight. That type of cryptocurrency is supposed to, as its name suggests, have a stable value because the tokens are pegged to the value of a currency such as the U.S. dollar or a commodity such as gold, providing relative insulation from extreme volatility.

Even stablecoins have crashed. What's behind all this? What's ahead for the crypto market? We talked to finance and investment experts for a broad overview.