The Economic Times

Bitcoin (BTC USD) crash wipes out billions from crypto billionaires: Binance, Coinbase, and MicroStrategy leaders take huge losses

Crypto billionaires net worth down after Bitcoin crash: The crypto market has seen a sharp decline. Bitcoin has fallen significantly from its record highs. Wealthy crypto holders have lost billions of dollars. Changpeng Zhao of Binance and Brian Armstrong of Coinbase are among those heavily impacted. Investors are moving towards safer assets like gold amid global uncertainty.