Why This Is the Worst Crypto Winter Ever
Bitcoin has fallen roughly 44% from its October peak, and while the drawdown isn’t crypto’s deepest ever on a percentage basis, Bloomberg’s Odd Lots newsletter lays out a case that this is the industry’s worst winter yet. The macro backdrop was supposed to favor Bitcoin: public confidence in the dollar is shaky, the Trump administration has been crypto-friendly, and fiat currencies are under perceiv … ⌘ Read more