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BTC $78,597.98 -0.07%
ETH $2,489.75 -0.05%
BNB $739.00 -2.02%
XRP $1.42 -0.86%
SOL $102.97 -0.84%
TRX $0.3395 +0.08%
DOGE $0.0887 -1.28%
ADA $0.2158 -4.78%
BCH $256.76 -0.47%
LINK $11.95 -5.55%
HYPE $85.06 +1.50%
AAVE $128.99 -0.81%
SUI $0.7907 -3.48%
XLM $0.1841 -3.63%
ZEC $1,277.07 +7.32%

Messari analyst: The vast majority of euro and pound holders choose BTC to cope with currency devaluation

2022-09-29 11:01:28

Chain Catcher news, Messari senior analyst @dunleavy89 stated that in the face of currency devaluation crises, the vast majority of euro and pound holders choose to buy BTC to maintain purchasing power, a trend that did not occur during crises before 2020 or 2021.

In addition, Ethereum has not shown such a trend, and compared to the past two years, ETH's recent trading volume is quite insignificant. (Source link)

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