Chainlink (LINK) co-founder Sergey Nazarov thinks cryptocurrencies will come to the fore in case of a global recession.
In an interview with CNBC, Sergey Nazarov said that around the world have a major recession in case of cryptocurrencies from other assets can perform better suggested. Nazarov also made general statements about the cryptocurrency market. that cryptocurrencies will reach their old levels He said he was waiting.
At the time of the rise of the cryptocurrency market too much money printed and Beware of high interest rates. Attracting Nazarov, cryptocurrencies with big tech companies He stated that he experienced an uptrend. Nazarov, who suggested that the next rising wave will take place in this way, gave the following statements:
When big technology companies are on the rise, there will be an increase in cryptocurrencies that follow these companies closely in terms of performance. In case of a worldwide recession, cryptocurrencies will come to the fore, they will be more attractive.
All-time high, according to CoinGecko data (ATH) below 88.3% traded LINK, at the time of writing from $6.24 is being traded.