19 min listen
Is Bitcoin Still Heading Into an Ice Age?
FromBloomberg Crypto
ratings:
Length:
16 minutes
Released:
Nov 22, 2022
Format:
Podcast episode
Description
Before chaos broke out in the crypto market with the collapse of FTX, a report by digital-assets researcher CryptoCompare found that Bitcoin’s value…was still dropping. It appeared the industry wasn’t just heading into winter, but a possible “Crypto Ice Age.”
Then the stunning downfall of crypto exchange FTX, which halted withdrawals and declared bankruptcy, and the resignation of its CEO Sam Bankman-Fried, sparked a wide-ranging market downturn with Bitcoin dropping from its previous plateau of around $20,000.
As the digital-asset industry continues to adapt to a post-FTX reality, what will it mean for Bitcoin’s value?
Bloomberg reporters Olga Kharif and Vildana Hajric join this episode to discuss.
Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter See omnystudio.com/listener for privacy information.
Then the stunning downfall of crypto exchange FTX, which halted withdrawals and declared bankruptcy, and the resignation of its CEO Sam Bankman-Fried, sparked a wide-ranging market downturn with Bitcoin dropping from its previous plateau of around $20,000.
As the digital-asset industry continues to adapt to a post-FTX reality, what will it mean for Bitcoin’s value?
Bloomberg reporters Olga Kharif and Vildana Hajric join this episode to discuss.
Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter See omnystudio.com/listener for privacy information.
Released:
Nov 22, 2022
Format:
Podcast episode
Titles in the series (100)
Bitcoin Miners Flock To Texas by Bloomberg Crypto