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cover of episode Cloudy With A Chance of Crypto Winter

Cloudy With A Chance of Crypto Winter

2022/7/18
logo of podcast Bloomberg Crypto

Bloomberg Crypto

Shownotes Transcript

You could argue that crypto is no stranger to a recession: in fact, it was the financial crisis of 2008 that birthed the idea of Bitcoin In the first place. But this recession is a little different: in the decade or so since that formative Bitcoin whitepaper, crypto has experienced spectacular growth. Rising and record prices led to investor FOMO, or fear of missing out. But now, in the midst of this crypto winter, investors who entered the digital asset class during its “bull market” are reevaluating their entire relationships with the digital coin. For more on this shift from FOMO to "Oh No", Bloomberg reporter Claire Ballentine joins this episode.

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