Industry leaders say crypto sentiment slump may be temporary

[madtrader]

Despite the current downturn in market sentiment, some crypto industry leaders believe the pessimism may be short-lived. Crypto analyst Benjamin Cowen said expectations of a near-term rotation from traditional assets like gold and silver into Bitcoin are likely overestimated, suggesting patience may be required.

Meanwhile, Coinbase chief business officer Shan Aggarwal pointed to behind-the-scenes industry activity as a reason for optimism. In a post on X, Aggarwal noted that major financial institutions, including Mastercard, PayPal, American Express and JPMorgan, are actively hiring for crypto-related roles.

“Just a blip,” Aggarwal said, adding that early signals of long-term growth remain intact. Bitwise CEO Hunter Horsley echoed the sentiment, stating that the crypto sector is “hurtling toward the mainstream,” despite near-term volatility.

[AIcash]

lol everyone freaking out rn but tbh extreme fear usually means a bounce is coming lol