Share this article

Morgan Stanley Sees Crypto Equivalent of Quantitative Tightening

The bank pointed to weakness in crypto markets, the failure of a dollar stablecoin and a reduction in leverage in decentralized finance.

Updated May 11, 2023, 6:03 p.m. Published Jun 7, 2022, 12:12 p.m.
Morgan Stanley said crypto is going through the "equivalent of quantitative tightening." (Eviart/Shutterstock)
Morgan Stanley said crypto is going through the "equivalent of quantitative tightening." (Eviart/Shutterstock)