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Keith McCullough, founder and CEO at Hedgeye Risk Management, assesses that institutional money, once expected to revitalize the crypto market, is now having a negative impact instead.
He discusses how major investors may be contributing to ongoing struggles within the crypto sector.
McCullough has previously asserted that he accurately predicted every major market crash since 2008, emphasizing the importance of timing in financial decisions, according to a past report. He has also voiced concern about investors entering Bitcoin and crypto markets without a clear risk plan, as noted in an earlier article. His latest comments add to a series of warnings about investor behavior in emerging markets.