How crypto tokens (nevertheless no longer Bitcoin) will outperform stocks in 2023 — Arca’s CIO explains

How crypto tokens (but no longer Bitcoin) will outperform stocks in 2023 — Arca’s CIO explains

© Reuters.

Digital assets will largely decouple from broken-down equity markets in 2023, believes Arca chief funding officer Jeff Dorman.

Discussing his outlook for 2023 in a most detached interview with Cointelegraph, Dorman argued that as the global economy enters a recession this yr, equities will likely be negatively affected whereas some cryptocurrencies will develop successfully. The price of the latter, he outlined, is inform no longer handiest by macroeconomic factors but also by their utility inner their respective ecosystems, which would remain unaltered in a recession.

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