DeFiance Capital CEO Highlights Focus on Crypto Market Dynamics

According to PANews, the CEO of DeFiance Capital has emphasized a shift in focus towards internal supply and demand factors within the cryptocurrency market, rather than macroeconomic influences. He noted that while U.S. traditional finance professionals often express bullish sentiments towards cryptocurrencies, their actual engagement remains limited. Additionally, he pointed out that the marginal risk capital in the current crypto market primarily originates from offshore and South Korean centralized exchanges (CEX). However, these exchanges have experienced a structural decline in trading volumes over the past several months.