According to Pantera Capital’s Paul Veradittakit, the recent crypto market selloff could signal the start of a bear market. Mr. Veradittakit, a partner at Pantera Capital, noted that the cryptocurrency markets appear to be linked to regular stock markets.
However, during the most recent crypto bear market, which lasted from 2018 to 2019, it only took 71 days for crypto to decouple from traditional banking. As a result, the current situation is quite familiar.
Mr. Veradittakit also believes that bear markets, such as the one currently affecting Bitcoin and cryptocurrencies, are beneficial to businesses because they give them time to develop.
Because of favourable values, bear markets are also an excellent time to invest. Equity, equity-token hybrids, and discounted SAFTs are among the structures available.”Investors will find fantastic value and long-term profitable enterprises during this moment,” he continued.
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