Research finds large crypto investors sold ahead of large price drops
Investors were lured by rising Bitcoin prices only to suffer trading losses, research finds
Bitcoin down 12%, Ethereum down 13%
Shares of publicly traded companies with heavy exposure to crypto were also down
Bank of Canada paper finds ownership more than doubled in 2021
Researchers examined the correlation between Bitcoin, gold and the S&P 500 in the past five downturns
Crypto push having unintended negative consequences for government finances
Bitcoin has behaved more like a risk asset this year than an inflation hedge
The leadership candidate took aim at the central bank's role in rising inflation
The bank's research found that half of Bitcoin owners suffer from volatility, hacks and scams