While cryptocurrencies were originally envisioned as an alternative to traditional financial assets such as stocks and bonds, digital token values have recently moved in the same direction as stock prices at an increasing rate.
Bruno Macchialli, CEO of Delchain, attributed the connection to the growing numbers of financial institutions and traditional investors who entered the crypto market over recent years.
Mr. Macchialli offered his opinion in an article titled “Crypto downturn fuels questions over industry’s future” posted on thehill.com
To access the entire article please click here.
Bruno also interviewed with techround.co.uk where he expanded on this topic. To view the article please click here.