Crypto Winter Might Not Be Over Just Yet
The brutal, nearly 16-month long “crypto winter” might not be done just yet, according to Vinny Lingham anyway. Lingham, the chief executive of blockchain startup Civic and investor, recently issued a multi-part thread on the matter, breaking down why he believes that the ongoing rally in Bitcoin (BTC) might not be sustainable.
And interestingly, Lingham pins his thought process to a single fact: altcoins, or what the blockchain entrepreneur calls “various crypto assets” have yet to decouple from the price action of Bitcoin, the de-facto grandfather of digital assets. But why so?