Crypto investors are switching into stablecoins and out of more volatile assets due to uncertainty about the sustainability of the “bear-market bounce” and the potential for a hard recession in the U.S., Bank of America said.
Source
Related posts
-
Bitcoin Investors Show Fear, Could A Price Bottom Be Imminent?
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While... -
Mark Cuban praises Kamala Harris for engaging with the crypto crowd
Billionaire investor Mark Cuban voiced support for Kamala Harris’ approach to the cryptocurrency industry in a... -
Washington State Accuses 2 Cryptocurrency Platforms of Defrauding Investors
Two cryptocurrency platforms face allegations of fraud by Washington State’s Department of Financial Institutions. Both companies...