Is Nasdaq’s Current Slump Good for Cryptocurrencies?

Is Nasdaq’s Current Slump Good for Cryptocurrencies?

Nasdaq’s slump will probably continue over coming weeks. That could be good for crypto.

crypto is actually undervalued at current levels, a further legitimization of crypto. Lawsuits against Google, Facebook, and Twitter for banning cryptocurrency advertising are creating the market conditions for a rally. There may be a shift of crypto from a risky asset to a hedge against centralized tech stocks.

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