Bank of America: Crypto investors are switching to stablecoins, expecting the continuation of the crisis in the market
Bank of America experts recorded a more cautious behavior of crypto investors due to uncertainty with market trends. According to Bank of America (BofA), crypto investors are increasingly choosing to work with stablecoins pegged to the US dollar or gold, as the volatility of digital assets is still too high, and the end of the crisis in the cryptocurrency market is not yet in sight. Also, experts say, investors are worried about the prospect of…