This shift may ruffle some feathers, straying from crypto’s authentic ethos as a substitute for mainstream finance. However, hey, it’s what’s revving up pleasure once more. And it’s not simply Wall Road driving this. Macro elements just like the potential finish of the U.S. rate of interest mountain climbing cycle, Center East tensions and the specter of long-term inflation are nudging traders towards safer harbors, together with crypto, as BlackRock’s Larry Fink’s “flight to high quality,” remark recommended. Humorous how a former crypto-skeptic like Fink is now singing Bitcoin’s praises on nationwide TV, huh?
