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The assets $btc and $eth are too tightly bound to the United States. They owe their success to the United States, but they also owe their failure to the United States. The global consensus on these two assets is weakening as the United States' credit rating is declining.
Yes indeed
With the US dollar losing credibility and cryptocurrencies losing decentralization and censorship resistance, relying on sensationalist or prestigious university scams, the crypto is essentially dead.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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