Is this the end of cryptocurrencies at a risk hedge?

Breakfast Business with Joe Lynam

Presented by Newstalk's Business Editor Joe Lynam, this 30-minute programme focuses on the key business stories from home and abroad, market analysis, new business innovations and profile interviews. Listen and subscribe to Breakfast Business with Joe Lynam on Apple Podcasts and Spotify. Download, listen and subscribe on the Newstalk App. You can also listen to Newstalk live on newstalk.com or on Alexa, by and asking: 'Alexa, play Newstalk'

Is this the end of cryptocurrencies at a risk hedge?

you are interested in crypto currencies like bitcoin, then you will have noticed that the market has collapsed in recent days and weeks. From an all-time record high of almost $70,000 last year, BitCoin is now trading at around $27,000. One less well known cryptocoin - the Terra Luna token - fell from a high of $118, last month, to $0.09 on Thursday. Is this the end of cryptocurrencies at a risk hedge? Joining Joe this morning was Gavin Blessing from ICM Capital research which launched its own crypto-only fund last year. Listen and subscribe to Breakfast Business on Apple Podcasts, Google Podcasts and Spotify. Download, listen and subscribe on the Newstalk App. You can also listen to Newstalk live on newstalk.com or on Alexa, by adding the Newstalk skill and asking: 'Alexa, play Newstalk'.

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Is this the end of cryptocurrencies at a risk hedge?