Thoughts on Crypto and Digital Assets: Macro risks and Ethereum’s Merge in focus
Uncertainty remains as buying momentum and Ethereum Merge optimism fade
Buying momentum in the digital asset sector is fading as investors rotate defensively into stablecoins, likely due to uncertainty around the bear-market bounce's sustainability and potential for a hard recession. Alkesh explains the implications of Ethereum's Merge upgrade, which is likely to occur around September 15th.
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