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BCH $204.14 +0.69%
LINK $9.49 +1.43%
HYPE $59.12 +3.40%
AAVE $88.75 +3.38%
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XLM $0.1572 +0.60%
ZEC $512.32 +5.44%

Messari analyst: The vast majority of euro and pound holders choose BTC to cope with currency devaluation

2022-09-29 11:01:28

Chain Catcher news, Messari senior analyst @dunleavy89 stated that in the face of currency devaluation crises, the vast majority of euro and pound holders choose to buy BTC to maintain purchasing power, a trend that did not occur during crises before 2020 or 2021.

In addition, Ethereum has not shown such a trend, and compared to the past two years, ETH's recent trading volume is quite insignificant. (Source link)

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