Behind the Crypto Crash: More Than $1 Trillion Erased as Bitcoin, Ether Plunge

Jarrod Loadholt, a partner at the law firm Ice Miller LLP, joined Wake Up With Cheddar to break down what's causing the current major crypto crash with Bitcoin and Ether both falling more than 50 percent below their recent highs. "Some investors are pricing in what's very likely to be the end of loose monetary policy," Loadholt said, pointing to the likelihood of the Federal Reserve shortly reversing course on pandemic-era easing. He also went into what the future holds for cryptocurrencies.
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