Throw within the rising chance of serious forex turmoil forward in rising nations’ economies, inflationary pressures and a robust greenback, and, in flip, the chance of political turmoil, and you may see how the “insurance coverage” and “hedge” qualities of crypto belongings akin to BTC and stablecoins change into much more compelling. Financial liquidity headwinds could also be important, however they aren’t the entire crypto market story.