FTX made Crypto Investment Unfeasible
If investment in cryptocurrencies was already suffering from volatility in the face of the changing global scenario and rising interest rates, the scandal involving the FTX was a kind of whitewash for assets in the short term.
This is the opinion of manager Kinea, who zeroed out her entire position in crypto waiting for better times.
According to Rodrigo Zobaran, cryptocurrency analyst at Kinea, assets such as bitcoin and ethereum are currently following the movement of the American stock exchange, but the risk is greater than the possibility of return.
Regarding the high demand for assets linked to blockchain and web3, Zobaran believes that there is great potential for these segments – but only in the long term.