Back in October, Bitcoin reached a record high. Just a few weeks later, its price had plunged, taking out over $1 trillion dollars in assets along with it. On Tuesday, it rallied. But dips across the crypto market have left investors and analysts wondering what to make of the swings.

On today’s Big Take podcast, Bloomberg executive editor stacy-marie ishmael and host David Gura take the temperature of crypto’s dramatic ebbs and flows over the past few months, from President Trump’s second-term moves to bolster the market to fears of another “crypto winter.”

Read more: 
Bitcoin Jumps Back Above $90,000 After Bruising Selloff
What Does Bitcoin’s Drop Mean? Depends on Who You Ask
The 26-Minute, 51% Wipeout That Deepened Trumps’ Crypto Woes

Back in October, Bitcoin reached a record high. Just a few weeks later, its price had plunged, taking out over $1 trillion dollars in assets along with it. On Tuesday, it rallied. But dips across the crypto market have left investors and analysts wondering what to make of the swings.
On today&rsquo;s Big Take podcast, Bloomberg executive editor stacy-marie ishmael and host David Gura take the temperature of crypto&rsquo;s dramatic ebbs and flows over the past few months, from President Trump&rsquo;s second-term moves to bolster the market to fears of another &ldquo;crypto winter.&rdquo;
Read more:&nbsp;
<ul>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2025-12-02/crypto-markets-steady-as-indicators-point-to-weak-sentiment">Bitcoin Jumps Back Above $90,000 After Bruising Selloff</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/newsletters/2025-12-02/what-does-bitcoin-s-drop-mean-theories-include-risk-off-investing-trump-trade">What Does Bitcoin&rsquo;s Drop Mean? Depends on Who You Ask</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2025-12-03/down-90-or-more-trump-family-assets-are-outpacing-crypto-crash">The 26-Minute, 51% Wipeout That Deepened Trumps&rsquo; Crypto Woes</a></li>
</ul>

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

Are We Headed For Another ‘Crypto Winter’?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d4d52f42-dcf9-4103-b3bd-b3a80160b8a3/transcript