Here’s When Bitcoin Will See New All-Time Highs, According to CoinShares CEO Meltem Demirors
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A crypto investing veteran sees no break in the clouds ahead for most asset classes as the markets limp into summer. In a new interview with CNBC’s Squawk Box, CoinShares chief strategy officer (CSO) Meltem Demirors says her firm remains cautious about further Bitcoin (BTC) investment due to a lack of data on how BTC might perform in a macroeconomic slump. “For us at CoinShares, the view is we’re going to stay where we are for a while. There are no near-term upside catalysts. We have yet to see Bitcoin in a recession. Arguably, are we in a recession?
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