Archive: volatile asset class

Crypto Investors Are in Uncharted Territory

By Vin Narayanan on March 3, 2023

Crypto Market Musings We’re in uncharted territory. There have been other crypto bear markets. But this is the first time that crypto has navigated an economic down cycle. And we’re discovering that crypto — including bitcoin — can’t escape the gravitational pull of macroeconomic headwinds. The crypto markets fell when we found out that the personal consumption expenditures price index (excluding food and energy) increased 0.6% in January. That increase was higher than what “the experts”…