A bad week for crypto

There wasn't a lot of good news for cryptocurrencies this week. Hotter-than-expected inflation reported earlier this week caused an increase in interest rates and a drop in tech and growth stocks,

which have all traditionally correlated with falling crypto there have been $668 million in long positions liquidated..!!

The crypto market has always been volatile, but this is an abnormally large decline. It's not clear what will stop it.