Many of the top digital assets in the cryptocurrency market are down significantly, but some market participants are shrugging it off and focusing on the long game.
The top five cryptocurrencies by market capitalization have fallen 55% or more year to date, according to CoinMarketCap data. The top two, bitcoin and ether, have dropped 56.5% and 68.5%, respectively, during that period.
But Pascal Gauthier, chairman and CEO of Ledger, said during a panel at his company’s Op3n conference in New York City that “this doesn’t feel like a [crypto] bear market.”
“Now, for the macro economy, it’s a bloo
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