Offchain Labs’ Felten Argues Crypto’s Global Reach Offers Protection Amidst Market Volatility

Cryptocurrency markets are experiencing volatility driven by the same economic uncertainties impacting traditional finance. However, crypto’s borderless nature provides a shield against these fluctuations, according to Edward Felten, co-founder and chief scientist at Offchain Labs. Speaking on CNBC’s “Squawk Box Asia”, Felten attributed recent market swings to uncertainty surrounding US tariffs and President Trump’s statements about trade policy. He noted that the crypto industry is not immune to global economic trends but benefits from its international nature, offering protection against traditional market restrictions.