Tumbling stocks
![A digital screen at the Bithumb office in Gangnam, southern Seoul, shows the price of bitcoin falling Wednesday afternoon after the Korean cryptocurrencies Luna and TerraUSD collapsed last week. A bitcoin was traded at around 38 million won ($30,000) as of noon. Financial authorities said they cannot take direct measures related to the recent crash. [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2022/05/18/92e42a86-b427-43e8-a5ec-4eecbca78d12.jpg)
A digital screen at the Bithumb office in Gangnam, southern Seoul, shows the price of bitcoin falling Wednesday afternoon after the Korean cryptocurrencies Luna and TerraUSD collapsed last week. A bitcoin was traded at around 38 million won ($30,000) as of noon. Financial authorities said they cannot take direct measures related to the recent crash. [YONHAP]
with the Korea JoongAng Daily
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