BitcoinBTC -3.3% and cryptocurrencies have been left reeling by the sudden collapse of major crypto exchange FTX this month (though Elon Musk has issued a surprise 2023 crypto prediction).

The bitcoin price has plummeted under $17,000 per bitcoin, down from almost $70,000 12 months ago, while ethereum has collapsed toward $1,000 per ether with JPMorgan warning the price crash could be just getting started.

Now, fears are swirling that $10 billion bitcoin and crypto giant Digital Currency Group (DCG) could be in trouble after its crypto lender Genesis was forced to pause withdrawals and reports emerged it's seeking an emergency $1 billion loan.