Ansem Says Crypto May Not See Lower Prices Again

Crypto KOL Ansem said investors may not see lower prices again. According to Odaily, he said the crypto market has gone through what he described as the worst cross-asset underperformance in history while stocks continued to rise, and that crypto has ultimately bottomed after years of weak industry sentiment. Ansem added that early crypto investors still waiting for a "four-year cycle bottom" may end up chasing prices higher after a rally. He also said crypto assets are becoming more attractive as traditional finance investors look to diversify allocations and hedge U.S. fiscal risk.