This episode is sponsored by Nexo, Abra and FTX US.
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Today on “The Breakdown,” NLW looks at one of the most important relationships in economics: the relationship between Fed statements and market actions. With bitcoin cratering under $43,000 NLW explores:
The Fed’s relationship with markets in generalBitcoin’s relationship with equitiesFinTwit and Crypto Twitter’s reaction to the dip
Bitcoin Holds Support Ahead of Fed Minutes, March Rate Hike Probability Rises
Bitcoin Falls to 1-Month Low as Fed Minutes Reveal Talks to Shrink Balance Sheet
“The Breakdown ‘’ is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and Michele Musso, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Time” by OBOY. Image credit: Bloomberg/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
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#Bitcoin #Crypto #Crashing