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Podcast: The Peter McCormack Show
Episode: Is the Bitcoin Bull Market Over? With Willy Woo - WBD351
Description: Location: Guatemala Date: Thursday 20th May Project: Hypersheet Role: Co-Founder The last 48 hours have been one of the craziest in Bitcoin, with the price crashing -51% from its peak. Back in April, we were hovering around $60k when a significant number of miners in China went offline due to power plant disruption; after a brief selloff, prices began to recover. Last week a tweet about Bitcoin's energy usage from Elon Musk triggered another downturn in the market. A "tidal wave of young coins" flooded into exchanges to sell, leading to a lot...