Franklin Crypto CIO says crypto prices are disconnected from fundamentals
CoinDesk·
60-second summary
Franklin Crypto CIO Seth Ginns asserts that crypto prices are disconnected from fundamentals, citing institutional adoption's acceleration despite digital asset prices failing to reflect the industry's strongest fundamentals in years, with no clear signs of correction in sight, potentially leading to increased volatility and a widening gap between market value and underlying asset worth.
Institutional adoption of crypto is accelerating even as digital asset prices fail to reflect the industry's strongest fundamentals in years, Seth Ginns said.