Why Bitcoin Crashed
This episode is sponsored by NYDIG.Download this episodeToday on “The Breakdown,” NLW looks at the dramatic move downward in the crypto markets that started late Friday night U.S. time. He looks at both market structure factors such as low liquidity and thin weekend order books as well as macro factors including, insecurity around the new Omicron variant as well as a tightening Fed policy.See also: Bitcoin Stabilizes Near $50K Support After Weekend Sell-Off“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam…