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Why September is Crypto’s Cruelest Month

Why September is Crypto’s Cruelest Month

FromBloomberg Crypto


Why September is Crypto’s Cruelest Month

FromBloomberg Crypto

ratings:
Length:
19 minutes
Released:
Sep 30, 2022
Format:
Podcast episode

Description

With apologies to TS Eliot - in finance, September is commonly held to be the cruelest month of the trading calendar. This extends to the crypto markets, too: Almost every year since 2013, Bitcoin prices struggle come September. And market conditions have been especially unforgiving this year. So what’s the outlook for crypto asset prices as we leave September behind?
Joining this episode from Sydney is Jamie Coutts, crypto market analyst for Bloomberg Intelligence.See omnystudio.com/listener for privacy information.
Released:
Sep 30, 2022
Format:
Podcast episode

Titles in the series (100)

Crypto is the world's hottest financial trend. Digital tokens like Bitcoin and NFTs have moved from niche products to showing up in Super Bowl commercials and song lyrics.  Advocates of these new asset classes promise they will democratize the finance industry, and they hail the blockchain technology that backs it all as the future of computing. Skeptics say it's another financial house of cards. No newsroom on the planet is better equipped than Bloomberg to cut through all the noise and provide clarity, context and authority. In this new daily podcast, Bloomberg’s reporting team will tease out what’s actually important in the crypto conversation. Led by crypto expert Stacy-Marie Ishmael, the podcast will draw on reporters in every region and credible voices in the industry to cover everything from regulation to alt coins to DeFi, and even the environmental impact of the currency that promises to change the finance landscape indefinitely.