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The Supercycle Is Dead: Welcome to Goblintown

The mood sours even further in Cryptoland.

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This episode is sponsored by Nexo.ioNEAR and FTX US.

On today’s episode, NLW analyzes community sentiment as bitcoin and ether have their most protracted, continuous downturns of all time and while consumer sentiment in traditional markets hits all-time lows.

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “Catnip” by Famous Cats and “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: Aitor Diago/Getty Images and NLW’s Goblin 8720, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.