Catherine Breitman, co-founder of "Ethereum Killer"Tesos, felt that the ongoing bear market cycle of cryptocurrency stock market would only get worse
Breitman explained that the recent bull market is "soaring" through cheap assets. She said, "A lot of relaxed and happy money has entered this mode."
The co founders of Tezos feel that cryptocurrency companies are overvalued. She stressed that although the total sales volume decreased significantly compared with 2021, the valuation of OpenSea, the leading NFT sales market in the industry, still reached $13.3 billion. "There's a lot of cheap money coming in. The company's valuation is very high," Breitman stressed.
After the Federal Reserve of the United States took back the development and application of the epidemic era, many cryptocurrency enterprises gradually struggled due to the lower price of cryptocurrency. BTC (BTC), ETH and other key enterprises have dropped more than 70% from their recent peak
Later today, the Federal Reserve will announce another substantial interest rate rise, because he has been trying to manipulate inflation
Breitman believes that low rates have become the past, and only a few things that really have an effect can "grow healthily" in the future. She admitted that it was only a "small part" of cryptocurrency
Tezos co-founder and Ripple CTOBrad GarlingthwaiteHe once said that in fact, there are not necessarily 3000 projects in the world
