The divergence has some speculating that tokens are acting as a haven, similar to how they performed during the regional bank crises in March. “There’s more people running into a flight to quality whether that is in Treasuries, gold or crypto depending on how you think about it and I believe crypto will play that type of role as a flight to quality,” said BlackRock CEO Larry Fink in an interview on Fox Business this week. The first positive news cycle occurred last Friday, when the Securities and Exchange Commission declined to appeal a court loss against Grayscale Investments.
Read full NASCAR article on Yahoo Sports
Read all NASCAR articles