Just How Bearish Are the Bitcoin and Crypto Communities?

Crypto Twitter is bleak, but is it justified?

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ABOUT

This episode is sponsored by NYDIG.

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Today on “The Breakdown,” NLW looks at a few explanations for the current bearish sentiment turn, including:

A belief that a bubble is finally bursting
A larger market shift to risk-off based on inflation concerns and expectations around shifting monetary policy
A normal crypto “micro-cycle”

“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 “Dark Crazed Cap” by Isaac Joel. Image credit: sesame/DigitalVision Vectors/Getty Images, modified by CoinDesk.

HOSTS

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.