Kraken Co-CEO And Barry Silbert Warn Of Crypto Bubble; 99% Tokens Could Tank

Concerns about a potential crypto bubble have intensified over the past few days, with industry leaders like Arjun Sethi, co-CEO of crypto exchange Kraken, voicing alarm over the current state of the digital asset landscape. Sethi Warns Of Short-Term Crypto Bubbles In a recent interview with Fortune at the Brainstorm Tech conference in Park City, Utah, Sethi acknowledged the presence of a bubble when examining short-term market trends. During the panel discussion, Sethi noted, “If you look at it quarter by quarter, the answer is yes, we get into those bubbles all the time. ” Related Reading: SEC Chair Declares ‘Crypto’s Time Has Come’ In Latest Statement – Get The Full Scoop Since the beginning of the year, the market’s leading cryptocurrency, Bitcoin (BTC), has achieved multiple all-time highs, contributing to a total market capitalization exceeding $4 trillion for the first time source: https://www.newsbtc.com/news/kraken-co-ceo-and-barry-silbert-warn-of-crypto-bubble-99-tokens-could-tank/