Is the tide going out on crypto?

The prices of cryptocurrencies haven plummeted in recent months. Bitcoin, the most popular one, has lost over 70 per cent of its value in the last six months and crypto companies are letting staff go, with Coinbase firing nearly a fifth of its employees this month alone. Crypto is no stranger to boom and bust cycles, but investors are now turning their backs on the notoriously volatile assets in their droves, amid market jitters over the cost of living crisis, interest rate hikes and the war in Ukraine. So, is the tide going out on crypto forever? Conor Pope talks to Professor of Finance at Trinity College Dublin Brian Lucey.<br /><hr><p style='color:grey; font-size:0.75em;'> See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for privacy and opt-out information.</p>