Did This Bitcoin Cycle’s FUD Phase Just Begin?

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

Source coindesk.com