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The Breakdown With NLW Episode

Up 40% YTD, Bitcoin Is 2023’s Best-Performing Asset

Is it mean reversion or the start of a new bull market?
The Breakdown With NLW Episode
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On today’s episode of “The Breakdown,” NLW looks at bitcoin’s impressive January rally and discusses what’s driving it. Specifically, he explores claims of market manipulation versus simple mean reversion. Finally, he looks at whether it is reflective of a broader macro shift as well.

See also: Crypto Markets Analysis: Bitcoin, Ether Price Movement Stalls


“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Swoon” by Falls. Image credit: Craig Hastings/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

Up 40% YTD, Bitcoin Is 2023’s Best-Performing Asset