In this article
BTC.CM=-214.56 (-0.99%)
watch now
A crypto winter is here but it’s going to be a “warm winter,” according to one crypto bull.
Bitcoin may have fallen by more than half from record levels, but “there’s so much more than that,” said Edith Yeung, a general partner at Race Capital.
related investing news
Ethereum’s long-awaited ‘Merge’ to drive bigger yields and draw in new investors
Tanaya Macheel
6 days ago
“In some sense, the ‘warm winter’ is basically going to push out everybody who really [wants to be] there for short-term gain,” she told CNBC’s Street Signs Asia last week, highlighting that cryptocurrency is a long-term play.
The term crypto winter refers to a prolonged period of depressed digital coin prices in the market.
Cryptocurrencies have lost around $1.9 trillion in value since the height of a massive rally in 2021.
Bitcoin, the world’s biggest digital coin, is about 68% off its all-time high of nearly $69,000 in November.
Yeung said she remains bullish...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...