This episode is sponsored by NYDIG.
NLW looks at the current state of crypto markets through numbers, including:
Bitcoin illiquid supplyLightning Network capacityEvergrande’s debtThe total value of CryptoPunksAnd more
“The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Tidal Wave” by BRASKO. Image credit: Vertigo3d/E+/Getty Images, modified by CoinDesk.