Cardano founder Charles Hoskinson noted that The market is in a new crypto winter and it will take weeks or months for the bottoms to appear.
Head of IOHK believeThat the foray of “Wall Street types” in digital assets has worsened the recent recession. He said institutional groups have ditched their crypto, and most view it as a high-risk, high-reward asset.
“It’s always dangerous to invite Wall Street residents in… and when the market is not going in the direction they want they left it They trample crypto just like any other asset and label it as a high-risk asset. When the market is not going in the desired direction They left it.”
many peoplelook at The recent turnaround was “a “black swan and history,” where Hoskinson said the stablecoin collapse or project exit scam did not mean the end of the industry as a whole, and Hoskinson added that the crypto market would revive. credibility credibility and the lost stability in the global financial system can be restored.
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