Bank of America (BofA) Analysts Don’t Expect a New “Crypto Winter”

Bank of America (BofA), one of the largest banks in the USA, It is not expecting a “crypto winter” given the level of adoption and growth in development activities.

The banking giant Alkesh Shah by analysts led February 25 published on “Digital Assets: In the Flow” in a note entitled analysis of cryptocurrency flows between personal and exchange-based wallets.investors on the market direction is undecided shown was included.

on the note, US Federal ReserveWhile the tightening policy of ‘s may limit the upward movement of the cryptocurrency markets in the next six months, user adoption level and growth in development activities Considering that this is a “crypto winter” stated that it will not.

Bank, stock market bitcoin (BTC) outputs “bottom” level purchases decreased, exchanges ethereum (ETH) shows that the price fluctuations will continue for a while for the largest altcoin by market capitalization.

Also, analysts note, by market cap top three stablecoinsof stock market entries slowed down significantly for two weeks in a row. and stablecoin inflows to exchanges last week on a weekly basis. 99% in decline $517,000 he said he was down.

in the past weeks EThenver speaking at the event Vitalic Buterine On the other hand, he said that a possible “crypto winter” would please many investors.

Vitalik Buterin: Crypto Winter Delights Many Investors

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