Has Crypto Spring Finally Arrived?
“No winter lasts forever; no spring skips its turn.” — Hal Borland
In the midst of crypto winter, a periodical downturn that batters the crypto market, many are wondering when it will end since crypto has a history of bouncing back.
As with the last downturn, ventures that survive the current crypto winter will have fewer competitors and more room to mature and improve. Despite causing near-term uncertainty, the growing regulatory crackdown could eventually make crypto an asset class with greater respectability.
Although Bloomberg LP’s Edward H. said in May that this crypto winter could be a long one, a more optimistic view is shared by Mark W. Yusko, CEO of Morgan Creek Capital Management, LLC in a recent interview with CryptoPotato News, where he argued that the spring has sprung, although it could last months before any bull market happens.
What’s more, during a recent interview with Fortune, FTX CEO Sam Bankman-Fried concurred “I think we’ve already seen the worst of it; there’s a little more to come, but it’s not very bad,”
So what’s your take, has crypto spring finally arrived? See the poll results!
You May Also Like
