One River Management CEO and CIO Eric Peters says he’s “extremely bullish” on the crypto markets and is expecting a powerful rebound for the nascent asset class.
In a new interview on the Bankless podcast, the head of the $2.5 billion crypto hedge fund recently acquired by Coinbase says tighter macro conditions triggered a rough bear market, but that the worst of it is likely behind us.
Peters is now forecasting a strong bullish rebound at some point driven by institutional adoption along with new use cases for crypto and blockchain technology.
“We’re now at a place where cadence-wise maybe some good things could happen. I’m extremely bullish for the medium-to-long term…
I think that this next phase, I don’t know when it will begin, and maybe it already has started by the way, but I think this next phase will be very powerful because it actually will finally have real institutional adoption, not just in the investments but also the technologies, and I think that’s a
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