Everyone Bet Against It. They Just Lost $3 Billion in One Day (Here's What Happens Next) Hosted by Bridget BennettAugust 20, 2026Add As Preferred SourceShareShareShare This VideoLink copied to clipboard. Play video for Everyone Bet Against It. They Just Lost $3 Billion in One Day (Here's What Happens Next)DetailsGuestsBitcoin just ripped through one of the largest short squeezes in its history, wiping out billions in a single day after eight quiet weeks of sideways trading. Crypto expert Joel Peterson with The Crypto Code joins us to break down what actually caused the rally, whether this was the bottom, and where Bitcoin and the broader crypto market could be heading next. Joel also gets into the crypto cycle, why bull runs start at the bottom and not the top, and a few crypto-tied stocks in the traditional market that investors are watching right now.Get the Offer Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioMSTRStrategy4.2592 of 5 stars$111.62-2.4%N/AN/ACRCLCircle Internet Group4.147 of 5 stars$62.13-2.7%N/A37.43 Compare These Stocks Add These Stocks to My Watchlist Bridget Bennett, HostDigital Media Producer, MarketBeatAlways the talker, Bridget Bennett turned her passion for people and sharing stories into a career in communications. She started working as a journalist in high school at her local county paper in Ellendale, North Dakota. After moving to Dallas for college at Southern Methodist University, she quickly fell in love with visual storytelling and started her career as a news anchor and reporter.Bridget brings her 12 years of experience in broadcast writing and video production to the MarketBeat content team. She's also an energetic, creative thinker and lifelong learner, so she's always bringing new ideas. Bridget is thrilled to be part of an innovative team that is constantly looking to create useful content people can connect with.When she's not working, Bridget is a busy mom of three and can be found at just about every activity or outing in town. She is also an adoption and foster care advocate and helps support foster children and families through her nonprofit volunteer work. She and her husband, Jason, grew up together and have spent their lives exploring the world through travel, hiking and ministry.Joel Peterson, GuestFounder & Crypto Expert, The Crypto CodeJoel escaped the corporate rat race back in 2002 after discovering the power of the internet – and he’s been helping others do the same ever since. In 2013, he helped launch one of the first Bitcoin mining farms in the U.S., which ignited his passion for crypto. That journey ultimately led to the creation of The Crypto Code – a premier crypto education, research, and software company with a global team of 40+ and thousands of students around the world.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. 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Hosted by Bridget BennettAugust 20, 2026Add As Preferred SourceShareShareShare This VideoLink copied to clipboard. Play video for Everyone Bet Against It. They Just Lost $3 Billion in One Day (Here's What Happens Next)DetailsGuestsBitcoin just ripped through one of the largest short squeezes in its history, wiping out billions in a single day after eight quiet weeks of sideways trading. Crypto expert Joel Peterson with The Crypto Code joins us to break down what actually caused the rally, whether this was the bottom, and where Bitcoin and the broader crypto market could be heading next. Joel also gets into the crypto cycle, why bull runs start at the bottom and not the top, and a few crypto-tied stocks in the traditional market that investors are watching right now.Get the Offer Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioMSTRStrategy4.2592 of 5 stars$111.62-2.4%N/AN/ACRCLCircle Internet Group4.147 of 5 stars$62.13-2.7%N/A37.43 Compare These Stocks Add These Stocks to My Watchlist Bridget Bennett, HostDigital Media Producer, MarketBeatAlways the talker, Bridget Bennett turned her passion for people and sharing stories into a career in communications. She started working as a journalist in high school at her local county paper in Ellendale, North Dakota. After moving to Dallas for college at Southern Methodist University, she quickly fell in love with visual storytelling and started her career as a news anchor and reporter.Bridget brings her 12 years of experience in broadcast writing and video production to the MarketBeat content team. She's also an energetic, creative thinker and lifelong learner, so she's always bringing new ideas. Bridget is thrilled to be part of an innovative team that is constantly looking to create useful content people can connect with.When she's not working, Bridget is a busy mom of three and can be found at just about every activity or outing in town. She is also an adoption and foster care advocate and helps support foster children and families through her nonprofit volunteer work. She and her husband, Jason, grew up together and have spent their lives exploring the world through travel, hiking and ministry.Joel Peterson, GuestFounder & Crypto Expert, The Crypto CodeJoel escaped the corporate rat race back in 2002 after discovering the power of the internet – and he’s been helping others do the same ever since. In 2013, he helped launch one of the first Bitcoin mining farms in the U.S., which ignited his passion for crypto. That journey ultimately led to the creation of The Crypto Code – a premier crypto education, research, and software company with a global team of 40+ and thousands of students around the world.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube
