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From solar-powered mining farms to groups of ex-classmates: How people are capitalising on the crypto craze

May crash has seen $1.3 trillion wiped off market value

Friday 28 May 2021 22:25 BST
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(Getty Images)

Cryptocurrency has been around for more than a decade, and it has never been more difficult to ignore.

In the past month the market value of cryptocurrencies has plummeted, wiping out an estimated $1.3 trillion since it peaked on 12 May.

It was on that day that Tesla CEO Elon Musk announced that the electric vehicle company would no longer accept Bitcoin because of the impact that its mining has on the environment.

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