As the price crashes more than 20% in 24 hours, NLW describes the “wall of worry” around regulation that might characterize this cycle’s FUD.
This episode is sponsored by Nexo.io and this week’s special product launch: Stacks.co.
Today on the brief: Trump ejected from social media Bakkt confirms plans to go public via SPAC NYDIG buys Digital Assets Data
Our main discussion: Are we at the beginning of a new bitcoin FUD cycle?
In this episode, NLW looks at:
What happened with bitcoin’s big price crash How the crypto community is reacting to the dip New regulatory FUD out of the U.K. Why regulatory issues are likely to be this bull market’s “wall of worry”
See also: Bitcoin Plummets as Miners Sell Inventory, Spot Markets Panic
Image credit: Nathan Stirk/Getty Images News
