Cryptocurrencies Have Moved “to the End of the Food Chain” — Binance Research
Investors seeking to preserve capital are now primarily getting rid of major cryptocurrencies, meaning Bitcoin and leading altcoins have ended up “at the end of the food chain,” according to analysts at Binance Research.
Experts from the world’s largest crypto exchange pointed to signs of overheating in the U.S. stock market. The S&P 500 index has reached a new all-time high, while the debt burden of companies involved in trading and investment activities has increased significantly.
According to exchange specialists, this imbalance raises the risk of a sharp correction in asset prices in traditional markets. In such a case, pressure on cryptocurrencies could be even stronger, as digital assets have lost their status as a defensive instrument.

During periods of market instability, cryptocurrencies are increasingly used as a source of liquidity — meaning they are sold to obtain cash, Binance analysts explained. All of this increases the correlation between digital assets and stock indices, making the crypto market “more sensitive to economic shocks.”
Until the global economic situation stabilizes, cryptocurrencies are likely to remain under strong pressure at any sign of systemic crisis. Expecting a recovery in virtual coin prices even in the medium term is unlikely, Binance experts believe.
Earlier, economist and New York University professor Nouriel Roubini stated that the crypto market has become a tool for crime and financial corruption and therefore faces an apocalypse.
See also: "The amount of capital withdrawn from crypto funds has become known"
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