The digital asset industry faces its most severe downturn due to multiple factors.

The digital asset industry is experiencing its most severe downturn due to a combination of factors. According to Joe Weisenthal and Tracy Alloway, hosts of Bloomberg’s Odd Lots podcast, the current period is marked not just by falling prices but by a “loss of faith” and a systemic crisis of ideas.

Weisenthal emphasized that while Bitcoin has seen deeper declines in its history, the current situation is…