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New York Mayor Believes Crypto Presents “Incredible Opportunity” Despite Current Crisis

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Thu, 17/11/2022 - 18:23
New York Mayor Believes Crypto Presents “Incredible Opportunity” Despite Current Crisis
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According to a Thursday report, New York Mayor Eric Adams still keeps faith in cryptocurrencies in spite of the ongoing market turmoil. 

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Adams is convinced that cryptocurrencies present “an incredible opportunity” for the Big Apple.

Those who claim that the recent impede crypto’s long-term growth are “shortsighted,” according to the 62-year-old politician.  

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Bitcoin and other cryptocurrencies are currently in the middle of a major crisis after the FTX exchange went belly-up. 

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The largest cryptocurrency is currently trading at $16,712 after declining 75.88% from its record peak that was achieved a year ago. 

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