Bloomberg Odd Lots Host Says This May Be the "Coldest Crypto Winter Ever" Bloomberg Odd Lots host Joe Weisenthal said in his newsletter tha…
Bloomberg Odd Lots Host Says This May Be the "Coldest Crypto Winter Ever"
Bloomberg Odd Lots host Joe Weisenthal said in his newsletter that this may be the "coldest crypto winter ever." He argued that crypto faces multiple narrative pressures, including fading "we're still early" claims, already-realized institutional adoption and regulatory tailwinds, AI taking market attention and electricity resources, quantum-security concerns around Bitcoin, and DAT firms such as Strategy shifting from buyers to sellers.
Weisenthal also said strong AI and tech-stock rallies are drawing capital and attention away from crypto, while the few crypto winners may have already completed their major moves. The comments represent his personal view.
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