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Roy Bhasin: Questions raised about potential for Black Monday-style crypto crash

Roy Bhasin: Questions raised about potential for Black Monday-style crypto crash
Black Monday-style crypto crash questioned

Roy Bhasin questioned whether markets could be heading into a Black Monday-style crash in a recent post. He observed that online discussions shifted from intense optimism about assets like ZEC and NEAR to widespread negativity within a short span.

Bhasin has previously noted that crypto card spending continues to climb, highlighting the strong product-market fit achieved by stablecoins and neobanks in the space here. He also recently pointed to EthenaPay as a notable entrant in the crypto card sector, citing its self-custody features and cashback rewards in this article. These observations come as sentiment around digital assets sees rapid shifts.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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