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Bitcoin just had its worst month on record

Another 'algorithmic' stablecoin has fallen below its $1 peg — but experts say it's not 'Terra 2.0'

Bitcoin just finished its worst month on record, losing more than 38% of its value in June, as of Thursday afternoon. Ether, the world’s second-biggest cryptocurrency by market capitalization, ended the same period down by about 47%.

Though weakness in the digital assets sector is part of a broader flight from risk, confidence in the crypto market, in particular, has been rocked in recent weeks as major companies face solvency crises.

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