“There are numerous dangers, together with from macro markets and the danger perceived in holding crypto on an trade, post-FTX. Shifting to stablecoins is a most defensive posture, vs. shifting into BTC, which continues to be a risky asset in the long run,” Rosenblum instructed CoinDesk when requested if stablecoins have changed BTC as crypto market safe-havens.
Bitcoin’s Stagnant Crypto Dominance Factors to Investor Exodus After FTX Chapter
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