After Bloody Weekend, Crypto Market Sentiment Goes Full Bear

This episode is sponsored by NexoAbra and FTX US.

Download this episode

On today’s episode, NLW looks at the growing bearish sentiment around the crypto industry. The culprit, he argues, is a deepening macro malaise that has been exacerbated by growing concerns about war in Eastern Europe. That, piled on top of existing inflation concerns and the Fed’s 180-degree shift from quantitative easing to quantitative tightening have the week kicking off in a particularly bearish mood.

See also: Crypto Sell-Off Wipes $700B From Industry Market Cap So Far in 2022

The Breakdown is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is Countdown by Neon Beach. The music you heard today behind our sponsor is Time by OBOY. Image credit: id-work/DigitalVision Vectors/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

Leave a Reply