Crypto markets are being shaped by the same macro forces that are spooking traditional financial markets, but their international and borderless nature provides a layer of protection, according to Offchain Labs co-founder and chief scientist Edward Felten.
Speaking on CNBCâs âSquawk Box Asia,â Felten noted that the recent volatility in crypto markets is being driven by broader concerns around global trade and economic policy. The source is stemming from uncertainty surrounding U.S. tariffs and comments from President Donald Trump.
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“全世界都在试图弄清楚,真正理解特朗普总统在说什么,他想用关税做什么,他的最终目标是什么。”
Despite near-term volatility, Felten pointed to a growing sense of long-term optimism across the crypto space.
âPeople are more bullish in the long run because the technology continues to develop,â he said. âWeâre seeing a lot more adoption by institutions and a lot more regulatory clarity.â
When asked whether Trumpâs focus on the U.S. trade deficit might intersect with his interest in crypto, Felten dismissed the idea that crypto is constrained by national borders.
“我认为加密本质上是国际化的,”他解释道。“当我想到我们拥有的开发团队和使用该技术的客户时,我们不会认为它被国家孤立。它实际上是一个本质上国际化的社区和公司集合。”
费尔滕强调,虽然加密货币市场无法免受全球经济动荡的影响,但它们受可能扰乱其他行业的贸易壁垒的影响较小。
“我们感受到了整体市场的动荡,”他说,“但我们并没有像其他市场那样设置边境壁垒。”