Is the crypto bubble bursting? - The Briefing Room

What this episode covers

Last week cryptocurrency suffered it’s ‘black Wednesday’ moment. Investors raced to withdraw their funds and more than $200billion was wiped off the cryptocurrency market. One currency lost 98% of its value. Ironically it was a so-called “stablecoin”, whose value is meant to be pegged to currencies like the dollar, that collapsed.Was this a solitary - but very costly - blip or is the crypto bubble in danger of bursting?Joining David in the briefing room are:Gavin Brown, Associate Professor in Financial Technology at The University of Liverpool Jemima Kelly, columnist at the Financial Times Dominic Frisby, MoneyWeek columnist and author of Bitcoin: The Future of Money? David Shrier, Professor of Practice, AI & Innovation with Imperial College Business School Stephen Diehl, a software engineer and crypto writer. Producer: Ben Carter Editor: Richard Vadon Studio manager: Neil Churchill Production co-ordinators: Siobhan Reed & Sophie Hill

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How long is this episode of The Briefing Room?

This episode is 29 minutes long.

When was this The Briefing Room episode published?

This episode was published on May 19, 2022.

What is this episode about?

Last week cryptocurrency suffered it’s ‘black Wednesday’ moment. Investors raced to withdraw their funds and more than $200billion was wiped off the cryptocurrency market. One currency lost 98% of its value. Ironically it was a so-called...

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