cover of episode Crypto Sentiment 'As Bad As It Could Get' After FTX (Audio)

Crypto Sentiment 'As Bad As It Could Get' After FTX (Audio)

2022/11/23
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Bloomberg Daybreak: Europe Edition

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Shownotes Transcript

Glen Goodman, Crypto Consultant at eToro, says he believes sentiment in cryptocurrencies is "as bad as it could possibly get" after the collapse of FTX. He says there are signs the market is approaching a bottom, including huge "capitulation volume" in trading. Goodman tells Bloomberg's Stephen Carroll and Anna Edwards that some of the FTX investors' due diligence was "under par". See omnystudio.com/listener) for privacy information.