Forget a bitcoin winter — a crypto ‘ice age’ might be coming as the Fed ends the easy-money era

Prices have slumped, raising fears about a crypto winter.FTiare/Getty Images

  • A crypto “ice age” might be coming as the Fed slashes its support for markets and the economy.

  • Crypto prices have slumped, with bitcoin tumbling to a six-month low below $38,000 on Friday.

  • With the Fed hiking interest rates, and nagging questions about regulation and the technology, the outlook could be bleak.

Things are getting cold in crypto-land. Bitcoin is down dramatically from its November peak of close to $69,000, falling to a six-month low below $38,000 Friday. Trading volumes have slumped.

Some investors are concerned that the market

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