Excessive leverage is the main culprit behind crypto meltdown: The Bitcoin Layer founder

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. Nik Bhatia, founder of The Bitcoin Layer and adjunct professor of finance at the University of Southern California, discusses the root cause of the crypto winter and whether he thinks it will last for multiple years.