Op-Ed

Mad Crypto: Hypothesizing bitcoin in a downcycle

  • Bitcoin’s bullish performance during recent market turmoil has pundits pontificating about bitcoin’s role as a safe haven asset during a financial crisis
  • We spoke with market observers with a wide range of backgrounds to answer the question of how bitcoin would do in a downcycle

This post first appeared in Frank Chaparro’s weekly column “Mad Crypto,” which is sent to Genesis members’ inbox every Monday morning.

Born in the shadow of 2008’s global economic turmoil, bitcoin has yet to experience a full-blown recession. However, with the Dow experiencing its sixth-worst point drop in history on Monday and the escalating trade war between the U.S.