Collective Shift
Welcome to the Collective Shift podcast, where we aim to help you save time and get ahead in the world of cryptocurrency. In each episode, we cover the latest crypto developments and trends, discussing important headlines and introducing exciting new projects. We understand that crypto can be overwhelming, which is why we strive to provide clear and concise information to help you make informed decisions. So join us as we delve into the intersection of finance and tech, and learn how you can use crypto to stay ahead of the curve.
Collective Shift
Crypto Prices Collapse: How Much Worse Can It Get?
Join Matt and Nick as they break down why Bitcoin and the broader cryptocurrency market have sold off heavily, exploring potential reasons such as growing recessionary fears, changing election odds, and the strengthening Japanese yen.
Key Takeaways
- Crypto prices have tumbled amid broader selling of risk-off assets caused by several reasons.
- These reasons include growing fears of a U.S. recession, a tightening of the election race, and heightened uncertainty surrounding Japan’s economy.
- Among the altcoin updates covered: Avalanche used by the Californian DMV and Lido’s institutional offering.