Unchained
Unchained
Laura Shin
Bits + Bips: Markets Are Down Bad. When Will Crypto Recover? - Ep. 790
1 hour Posted Feb 26, 2025 at 1:00 pm.
How the ByBit team responded so well to the hack
Why the market selloff was not specific to crypto
How institutions have become more sophisticated about crypto
Why SOL has been down so much and whether it has bottomed
Whether tariffs keep having an effect on the markets
Why the state of the markets makes Eliézer think the crypto asset class has matured
Whether bitcoin can be a safe haven and the role of diversification
What the next catalysts for crypto are
Why Eliézer is so optimistic about the long-term outlook of crypto
Alex’s spicy opinion on DOGE and Elon Musk
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Show notes
Crypto markets are down bad—but is this just a rough patch, or are we looking at something bigger?After a brutal sell-off in Solana, the $1.5 billion Bybit hack, and macro uncertainty weighing on Bitcoin, investors are searching for answers. Some think the worst is over, while others believe more pain is coming before the market turns around.In this episode of Bits + Bips, Noelle Acheson, Alex Kruger, and Ram Ahluwalia are joined by Eliézer Ndinga of 21Shares to break it all down. They discuss how institutions are approaching this downturn, why Solana has been hit harder than the rest, and what catalysts could bring crypto back to life.Is this the start of a new accumulation phase, or are we in for another leg down?Show highlights:
Sponsors:
Somnia Network
RockWallet
Bitwise
Hosts:
Noelle Acheson, Author of the “Crypto Is Macro Now” Newsletter 
Alex Kruger, Founder of Asgard
Ram Ahluwalia, CFA, CEO and Founder of Lumida
Guest: 
Eliézer Ndinga, Head of Strategy and Business Development at 21.co; the parent company of 21SharesLinks
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