How crypto tokens (but not Bitcoin) will outperform stocks in 2023 — Arca’s CIO explains By Cointelegraph
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© Reuters. Digital assets will largely decouple from traditional equity markets in 2023, believes Arca chief investment officer Jeff Dorman.
Discussing his outlook for 2023 in a recent interview with Cointelegraph, Dorman argued that as the global economy enters a recession this year, equities will be negatively affected while some cryptocurrencies will perform well. The value of the latter, he explained, is determined not only by macroeconomic factors but also by their utility within their respective ecosystems, which would remain unaltered in a recession.
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© Reuters. Digital assets will largely decouple from traditional equity markets in 2023, believes Arca chief investment officer Jeff Dorman.
Discussing his outlook for 2023 in a recent interview with Cointelegraph, Dorman argued that as the global economy enters a recession this year, equities will be negatively affected while some cryptocurrencies will perform well. The value of the latter, he explained, is determined not only by macroeconomic factors but also by their utility within their respective ecosystems, which would remain unaltered in a recession.
Continue Reading on Coin Telegraph
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