Podcasts Other The Briefing Room Is the crypto bubble bursting?

Is the crypto bubble bursting?

Published: May 19, 2022, 7:30 p.m.

Last week cryptocurrency suffered it\u2019s \u2018black Wednesday\u2019 moment. Investors raced to withdraw their funds and more than $200billion was wiped off the cryptocurrency market. One currency lost 98% of its value.

Ironically it was a so-called \u201cstablecoin\u201d, whose value is meant to be pegged to currencies like the dollar, that collapsed.

Was this a solitary - but very costly - blip or is the crypto bubble in danger of bursting?

Joining David in the briefing room are:

Gavin Brown, Associate Professor in Financial Technology at The University of Liverpool\nJemima Kelly, columnist at the Financial Times \nDominic Frisby, MoneyWeek columnist and author of Bitcoin: The Future of Money?\nDavid Shrier, Professor of Practice, AI & Innovation with Imperial College Business School\nStephen Diehl, a software engineer and crypto writer.

Producer: Ben Carter\nEditor: Richard Vadon\nStudio manager: Neil Churchill\nProduction co-ordinators: Siobhan Reed & Sophie Hill