NYC mayor Eric Adams converted his first paycheck into Bitcoin and Ether last week — then the crypto market crashed

New York City mayor Eric Adams converted his first paycheck to Bitcoin and Ether last week. Then the crypto market crashed. Bloomberg calculates Adams lost around $1,000 through Monday. Bitcoin is about 22% lower year-to-date, while ether is down about 35% in the same period. Loading Something is loading. New York City Mayor Eric Adams…