Crypto Is Collapsing (For Now)
https://www.vice.com/en_us/article/88gyj4/crypto-is-collapsing-for-now
Some days I think that maybe we’re not all gonna make it. It’s been a bad week for cryptocurrency and, as of this recording, it’s only Tuesday. Bitcoin is down. Ethereum down. Stablecoin seems not so stable. The NFT market is on fire. There’s copium all around, panicked posters, and soothing souls advising everyone to buy the dip.
But won’t that just exacerbate the problem? Won’t that just delay what people outside the crypto space have been waiting to see happen: the great crypto crash.