Global Investors Say Crypto Is The Only Sector To Resist Current Crisis Fallout

The current geopolitical crisis triggered by the Ukraine – Russia war is affecting us all. Now, important investors are saying that the only sector which can resist this is crypto.

Just like crypto was the only sector that managed to resist during the coronavirus pandemic, it seems that it could be the only one that can resist now as well.

Large investors are looking to crypto assets as a way to withstand the fallout of all the increasing geopolitical tensions. This is happening as the war in Eastern Europe continues to rattle the economic landscape.

According to a new report from Reuters, the current conflict managed to trigger a surge in investor interest in blockchain technology.

According to the fund manager and Decasonic CEO Paul Hsu, there is currently a demand of up to $200 million to invest into his company’s hybrid fund. This is happening as investors move away from assets with higher interest rates such as real estate and bonds.

“The conflict in Ukraine has weaponized our financial and digital economy and really accelerated blockchain adoption.”

According to a note to clients from market research firm Fundstrat seen by Reuters, it seems that venture capitalists invested approximately $4 billion into crypto start-ups during the last three-quarters of February, as the online -publication the Daily Hodl notes.

BitBull Capital CEO Joe DiPasquale says the following:

“There’s really no panic even with the Ukraine conflict, People are starting funds, encouraged by the appreciation in prices over the last couple of years.”

Now, the crypto market is struggling to recover following more price corrections.

At the moment of writing this article, BTC and more important digital assets are all trading in the green. Stay tuned for more exciting news and keep your eyes on the market.