This podcast episode delves into the recent turmoil affecting crypto markets, primarily tracing the sell-off back to the unwinding of the yen carry trade and its ripple effects on global equities, notably Ethereum. Through dissecting the intricacies of this financial strategy and analyzing significant liquidation events, the speakers underscore how interconnected macroeconomic shifts, regulatory challenges, and market sentiment could determine whether the bull market is merely paused or truly over, prompting discussions about potential Fed intervention and the future of crypto amidst evolving economic landscapes.
