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Paul Krugman Sees Possible 'Crisis of Faith' in Crypto

Posted

February 5, 2026

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Nobel laureate Paul Krugman, a City University of New York professor, discusses the current selloff in cryptocurrencies, arguing that the recent downturn in crypto markets is different from past cycles. Krugman attributes much of the recent price action to political factors, particularly the Trump administration's support and exposure.

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Paul Krugman Sees Possible 'Crisis of Faith' in Crypto · Bloomberg Television · Sentinel