Global Research Unlocked

Thoughts on Crypto and Digital Assets: US leadership, smart contracts, a cold Jan


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Despite pricing pressures, digital assets continue to grow and a regulatory framework is imminent
The crypto asset market is up 250% since January of last year despite a 20% correction at the start of 2022. Demand for digital assets continues to grow and Alkesh believes values will continue to appreciate in the medium term but will face macro pressures from liquidity and rate concerns in the near term. He explains how recent regulatory action can be a positive for crypto markets as users become more comfortable adopting technology that is regulated with protection for consumers and businesses. Alkesh also sees greater usage of NFTs not only as ownership of a unique asset but also as a marketing tool for brands across many industries.
 
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Global Research UnlockedBy BofA Global Research

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