For subscribers
ST Explains: If blockchain is so useful, why are retail investors told to stay away from crypto?
Sign up now: Get ST's newsletters delivered to your inbox

There are many new blockchain projects and their associated tokens being created daily by clever coders.
PHOTO: AFP
Follow topic:
SINGAPORE - Cryptocurrencies are going through a period of high volatility as interest rates rise and investors redirect their capital into less risky assets.
Bitcoin, the world's largest token, has fallen to a two-year low of around US$20,000 since the Federal Reserve raised rates by 75 basis points on June 16.

