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Why Bitcoin and Crypto Are Crashing

The Breakdown

00:00

Fed in the Markets

The markets never really believed that the fed was going to be able to keep its dovish stamps for as long as it wanted to. It kept persisting, and it kept lingering longer than they thought. What's more, it was getting harder and harder for them to justify keeping such duffish policy because so many people had dropped out of the work force. That was leading to challenging calculations around the other side of their mandate, which is maximum employment.

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