Crashing crypto prices spooked some new investors. Others are doubling down
CNN
New investors bought into cryptocurrencies this year looking to make some quick money or to avoid missing out on the next big thing. Now, on the heels of their first big selloff, some are swearing off crypto investing for good, while others are determined to hold on
The 27-year-old office manager in Madison, Wisconsin, had put all of his investments into cryptocurrencies, including bitcoin, ethereum and dogecoin, a joke coin whose rapid ascent he considered entertaining if "ridiculous." That alarmed his father, an experienced investor. "He knew I had all my money in there and he was just like, 'I've seen this before with the dot-com bubble crash, and I don't want to see you lose thousands of dollars,' " McGurn told CNN Business.President Joe Biden on Sunday delivers his first commencement address of the 2024 season at Morehouse College, where the president may for the first time in months have to confront the angst that’s been percolating on college campuses nationwide toward his administration’s policies on the Israel-Hamas war.
Arab and Palestinian Americans left a meeting with Secretary of State Antony Blinken on Friday night frustrated they did not have a clear understanding of how the Biden administration might act upon their concerns as the Israel-Hamas war devastates the civilian population in Gaza, participants told CNN.