🔥$BTC $SOL $ETH
ME News, December 15 (UTC+8), December 15, Cathie Wood recently explained her three most promising crypto assets and their positioning in an interview:
· Bitcoin: As a global monetary system and the main entry point for institutional funds into the crypto market;
· Ethereum: Positioned as an infrastructure layer for institutions;
· Solana: A public chain with consumer applications at its core.
During the 1011 flash crash, Bitcoin had the strongest liquidity of all crypto assets and was usually the first to be sold off, dragging down other currencies. Other currencies fell even more.
As the relevant information has been digested, the market may have bottomed out.
The market is watching whether large traditional financial institutions (such as Morgan Stanley, Bank of America, Wells Fargo, UBS, etc.) will formally introduce Bitcoin through ETFs in this cycle, a decision that may become an important variable affecting the next stage of the market. [Source: BlockBeats]
