Industry leaders are sounding alarms about a potential cryptocurrency bubble, driven by recent regulatory shifts and market euphoria. Figures like Kraken’s Arjun Sethi and DCG’s Barry Silbert warn of unsustainable valuations and impending corrections. The warnings come amid Bitcoin’s rally to new all-time highs and a total crypto market cap surpassing $4 trillion.
- Kraken's Arjun Sethi confirms short-term crypto bubbles occur frequently, noting quarterly market exuberance often leads to overvaluation
- Barry Silbert of Digital Currency Group states 99% of cryptocurrencies are 'overvalued' and will eventually crash to zero
- Elliott Management attributes bubble inflation to perceived White House endorsements under Trump and warns of broader economic risks if it collapses
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