EY Blockchain chief calls 2018 crypto bear market ‘the most predictable in years’84

Paul Brody, the director of Ernst & Young’s global blockchain team, said he knew the 2018 crypto price plunge was coming, calling it “the single most predictable bear market in years.”

In an interview with The Block, Brody, who three years ago established the firm’s blockchain innovation sector, said the team’s cautious approach to the ICO market and the atypical price-cycle of 2017 meant the bear cycle had “almost no impact” either internally or on clients.

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