Bitcoin whales and ETFs are baling out of the market; UBS warns ‘crypto is not an asset’ - Fortune

Bitcoin whales and exchange-traded funds (ETFs) are exiting the cryptocurrency market, raising concerns about its stability. UBS has added to the caution by declaring that "crypto is not an asset," highlighting growing skepticism among financial institutions regarding the long-term viability of digital currencies.

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Source: Google News Crypto · Report an issue