Charles Hoskinson Predicts Crypto Markets Will soon reach their Own Economy | Crypto

Charles Hoskinson Predicts Crypto Markets Will soon reach their Own Economy

-Cryptocurrencies will decouple from traditional markets within two or three years, according to Cardano (ADA) co-creator Charles Hoskinson.

-Hoskinson says he initially thought people would use cryptocurrencies as a safe haven for investment during global economic downturns, but instead it has experienced a price correlation with other risk assets and the S&P 500 (SPX).

-However, the Input Output CEO and founder says that as the crypto market matures it will begin to operate independently of other investment classes.

-Hoskinson also says the blockchain upgrades like the recent Vasil hard fork for ADA or the Ethereum (ETH) merge illustrate how innovation is happening across different blockchain projects during the bear market and there is significant growth potential.

Crypto Markets Decouple Into Charles Hoskinson Predicts Crypto Markets Will soon reach their Own Economy

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