Just How Bearish Are the Bitcoin and Crypto Communities?


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Today on “The Breakdown,” NLW seems to be at just a few explanations for the present bearish sentiment flip, together with:

  • A perception {that a} bubble is lastly bursting
  • A bigger market shift to risk-off based mostly on inflation issues and expectations round shifting financial coverage
  • A traditional crypto “micro-cycle”

See additionally: The Elon Effect: How Musk’s Tweets Move Crypto Markets

“The Breakdown” is written, produced by and options Nathaniel Whittemore aka NLW, with modifying by Rob Mitchell, analysis by Scott Hill and extra manufacturing help by Eleanor Pahl. Adam B. Levine is our govt producer and our theme music is “Countdown” by Neon Beach. The music you heard right now behind our sponsor is “Dark Crazed Cap” by Isaac Joel. Image credit score: sesame/DigitalVision Vectors/Getty Images, modified by CoinDesk.