Where the crypto sell-off stands
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Bitcoin is now below $85,000 as part of a broader flight to safety that erased a trillion dollars in total market cap from crypto assets over the past month. Meanwhile, Michael Saylor’s strategy, which owns roughly 3% of all Bitcoin, announced this morning the establishment of a cash reserve, as in cash dollars of $1.44 billion. The stock is down now 11%. So we’re trying to figure out whether this sell off could be the beginning of something more profound, a so-called crypto winter. My uh Vujinovich of FG Nexus, CEO of Digital assets is joining me now. Um Maya, you guys uh FG Nexus is an Ethereum Treasury company and Ethereum certainly hasn’t been spared from this either. Um it is down sharply from the peak….
