Former Goldman Sachs CEO Lloyd Blankfein says 'crypto is happening' even as prices tumble: CNBC

Ex-Goldman Sachs CEO Lloyd Blankfein believes that "crypto is happening," as trillions of dollars contribute to the market and whole ecosystems are growing around it, he told CNBC in an interview. This comes at a time when digital asset prices face continued selling pressure and break through multi-month lows, including: bitcoin (BTC-USD -3.5%), ethereum (ETH-USD -7.8%), binance coin (BNB-USD -6.7%), cardano (ADA-USD -9.2%), solana (SOL-USD -13.6%), avalanche (AVAX-USD -9.6%), dogecoin (DOGE-USD -5.8%) and shiba inu (SHIB-USD -9.8%). In fact, the global crypto market cap is off more than 4% so far on Monday to $1.56T, almost half of the value from its Nov. 2020 peak of $3.0T, according to data from CoinMarketCap. Meanwhile, “my view of it is evolving,” Blankfein told CNBC. “I can’t predict the future, but I think it’s a big thing to be able to predict the present, like, ‘What is happening?’ And I look at the crypto, and it