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Crypto markets need to hit ‘total panic’ before revival: Kevin O’Leary

The millionaire investor thinks that the market bottom will be marked by “total panic,” at which point weak companies with “idiot managers” will be weeded out and the industry can continue to grow.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Crypto markets need to hit ‘total panic’ before revival: Kevin O’Leary

The millionaire investor thinks that the market bottom will be marked by “total panic,” at which point weak companies with “idiot managers” will be weeded out and the industry can continue to grow.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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