An important guru ensures that most cryptocurrencies will die and only some will be saved

An important guru ensures that most cryptocurrencies will die and only some will be saved

This is the founder of Ark Invest that predicted that most cryptoactives will disappear in the long term, leaving only a few as survivors.

For the founder of Ark Invest, Cathie Wood, most cryptocurrencies will disappear in the long term, leaving only a few as survivors. For the businesswoman, Bitcoin (BTC), Ethher (Eth) and Solana (Sol) are chosen with potential to endure.

It should be noted that Bitcoin He leads the cryptocurrency market with a capitalization of US $ 2.1 billion. It follows Ethereumwhose market assessment is calculated at US $305,000 million. Solariumfor its part, it is the largest cryptoactive, with a capitalization of US $ 81.1 billion.

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Mercado tendency changes

Cathie Wood It also spoke in recent days, considers that US companies are recovering their appetite for risk, while the expectations of Donald Trump grow in favor of deregulation and tax cuts.

Wood He said that the main US companies are increasing their capital spending in response to more advantageous political forecasts for companies.

“We observe a massive capital expense by these companies”He said and argued that the predominance of megacapitalization technology values ​​in recent years reflected a flight to security, since investors favored companies that were accumulating cash against the regulatory uncertainty of the Biden Administration.

Source: Ambito

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