Benzinga verify icon

4h
...

‘Worst Crypto Winter I’ve Seen’—But Bitcoin, Ethereum Can Still Win, StarkWare Co-Founder Says

“Worst Crypto Winter”

In a series of posts on X and a recent Privacy Podcast appearance, Ben-Sasson described the current downturn as “the worst crypto winter” he has witnessed since entering the industry in 2013.

Over the past month, BTC and ETH have eroded more than 16% amid geopolitical uncertainty and capital rotation into AI-focussed companies.

Despite improving prices and growing institutional interest, he argued that crypto remains in the middle of an identity crisis.

Ben-Sasson attributed the recent market recovery primarily to macroeconomic developments rather than industry-specific catalysts.

“Crypto will be the new rails for TradFi and financial institutions, or crypto will…

Read more on Benzinga

1.9K Reads