cover of episode August 29: Fed fears and Mt. Gox rumors hit Bitcoin, Ava Labs scandal, metaverse mania at VMAs

August 29: Fed fears and Mt. Gox rumors hit Bitcoin, Ava Labs scandal, metaverse mania at VMAs

2022/8/29
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Crypto Today

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On today's CoinMarketRecap podcast with Connor Sephton, Bitcoin plunges below $20,000 — and the stock market loses $1.2 trillion in a day — as the Federal Reserve spooks the markets. And Crypto Twitter enters panic mode over false rumors that Mt. Gox is about to dump 140,000 Bitcoin on the market. Ava Labs reacts angrily as an investigation claims it's teamed up with a law firm to attack rival crypto projects. And Eminem and Snoop Dogg's Bored Apes perform live on stage at MTV's VMAs… as the winner of the first-ever award for Best Metaverse Performance is revealed. You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.