Just How Bearish Are the Bitcoin and Crypto Communities?

<p><em><span style="font-weight: 400;">This episode is sponsored by</span></em> <a href= "https://nydig.com/nlw/?utm_source=coindesk&utm_medium=podcast&utm_campaign=nlw"> <em><span style= "font-weight: 400;">NYDIG</span></em></a><em><span style= "font-weight: 400;">.</span></em></p> <p><span style="font-weight: 400;">Today on “The Breakdown,” NLW looks at a few explanations for the current bearish sentiment turn, including:</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">A belief that a bubble is finally bursting</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">A larger market shift to risk-off based on inflation concerns and expectations around shifting monetary policy </span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">A normal crypto “micro-cycle” </span></li> </ul> <p><a href= "https://nydig.com/nlw/?utm_source=coindesk&utm_medium=podcast&utm_campaign=nlw"> <strong><em>NYDIG</em></strong></a><em><span style= "font-weight: 400;">, the institutional-grade platform for bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at</span></em> <a href= "https://nydig.com/nlw/?utm_source=coindesk&utm_medium=podcast&utm_campaign=nlw"> <em><span style= "font-weight: 400;">NYDIG.com/NLW</span></em></a><em><span style= "font-weight: 400;">.</span></em></p> <div data-pm-slice="1 1 []" data-en-clipboard="true">Enjoying this content?</div> <div> </div> <div>SUBSCRIBE to the Podcast</div> <div>Apple:  <a href= "https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb" rev= "en_rl_none">https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb</a></div> <div>Spotify: <a href= "https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ" rev= "en_rl_none">https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ</a></div> <div>Google: <a href= "https://podcasts.go