Is Crypto in a Bubble (Again)?
The crypto world is buzzing. If you ask a true believer, they’ll say this is just the beginning. Ask a skeptic, and they’ll swear we’re watching a bubble inflate in real time. One that could pop any second.
I saw the excitement firsthand at a crypto event in Brooklyn last week. The bar was packed. People were animated. It felt like a flashback to 2020 and 2021, when crypto fever gripped everyone from twenty-something retail traders to grandparents. Back then, it was all about Bitcoin, flashy NFTs like the Bored Ape Yacht Club, and anything promising wild returns. It was a digital casino where everyone hoped to strike it rich. Fast.
But then came the crash. The “crypto winter”…