DCG Founder: Market downturn can clear leverage and junk tokens, and a large-scale capital rotation is about to begin

BTC-0,51%
ETH-0,12%
SOL-0,06%
ZEC-2,85%

PANews February 1 News, in response to the decline in the crypto market, DCG Founder and CEO Barry Silbert stated, “This is a blessing from the gods of cryptocurrency. Clear out leverage and junk tokens. A large-scale capital rotation is about to begin, and it’s time to choose your investment targets. My choices are BTC, ETH, SOL, ZEC, TAO, and Bittensor subnet tokens.”

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Ethereum Mirroring April 2025 Crash Points to $1,750 As the Definitive Cycle Bottom

In the fast-paced world of cryptocurrency, what initially appears to be mere coincidence in fractal patterns gradually transforms into a striking precision as these patterns evolve. A prominent analyst Ash Crypto recently made a

BlockChainReporter6m ago

Bitcoin Has Stabilized, But Investors Are Paying Up for Downside Protection: VanEck

Bitcoin's volatility has decreased to around $70,000, but traders are still heavily investing in downside protection. Although premiums for puts have dropped, they remain high historically, suggesting caution among investors. This defensiveness may signal an impending price bottom, as similar market conditions in the past have led to recoveries.

Decrypt2h ago

Bitcoin Rejects $76K as War and PPI Rock Markets

_ Bitcoin rejected $76,000 resistance as US strikes on Iran, hot PPI at 3.4%, and Powell’s FOMC tone sent crypto and risk assets into a sell-off._ Bitcoin hit $76,000 and turned back around. The rejection was clean. Sellers were waiting right at the level that traders had marked for

LiveBTCNews4h ago
Comment
0/400
FixedVotePievip
· 02-01 03:14
2026 Go Go Go 👊
View OriginalReply0