Cryptocurrency News

Why the crypto market crash may play in Bitcoin’s favour

06/20/2022

Less than a minute

2022.06.20 22:00

Why the crypto market crash may play in Bitcoin’s favour

Natalie Brunell, the host of Coin Stories podcast, thinks that the recent incidents involving Terra (LUNA, now rebranded LUNC) and Celsius (CELH) and the following market sell-off will lead to regulatory action that will likely favor Bitcoin (BTC) over the rest of cryptocurrency.

“I’m going to be watching for regulation developments, just signifying that Bitcoin is a digital property and that maybe there’s more fair accounting that can be done to allow institutions to invest,” she said in her latest interview with Cointelegraph. “And the other cryptocurrencies, I think will be deemed securities,” she continued.

06/20/2022

Less than a minute

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