Following a sharp drop in Bitcoin and a surge in the VIX, crypto and macro experts on Benzinga’s ‘Bits and Bips’ podcast analyzed the causes and potential implications for both digital assets and traditional markets. The panel highlighted factors such as the Bank of Japan’s surprise rate hike, weak economic data, and thin weekend crypto markets. They also debated the impact of Jump Trading’s Ethereum sales. The experts suggested keeping an eye on economic data and global liquidity trends, while remaining cautiously optimistic about crypto’s long-term prospects.