TechFlow news, December 1 — According to The Block, Bernstein stated that despite the ongoing weakness in the cryptocurrency market and its continued search for a bottom, operating companies are undergoing "transformative" shifts not seen in previous market corrections.
Analysts pointed out examples of these business model transformations include Coinbase's expanding product stack, token launch activities, and emerging consumer applications. Bernstein believes that while cryptocurrency price action remains weak, crypto operating companies "appear strong."
Add to Favorites
Share to Social Media
