Tradfi Sees Opportunity in Crypto Despite ‘Red Wedding,’ Burning Buildings

The digital asset ecosystem is broader and deeper than in the past, Tapiero said, and assets have lower correlations to bitcoin itself. Despite asserting that “I’m not hearing anyone say that Bitcoin is going to zero,” he said the existence of uncorrelated digital assets gives institutions the opportunity to expand beyond bitcoin, such as investing in discounted altcoins and tokens.

Source

Comments (No)

Leave a Reply

Cryptocurrencies: 17,170
Markets: 1,282
Marketcap: $ 2.81 T
24h Vol: $ 143.23 B
BTC Dominance: 59.06%