Gensler Declares Crypto Hype Unfounded: Most Tokens Remain Speculative

Former SEC Chair Gary Gensler has once again voiced his concerns about the crypto market, urging investors to remain cautious amidst growing hype. While acknowledging Bitcoin’s potential as an exception, Gensler argues that most cryptocurrencies lack fundamental value and are therefore speculative assets susceptible to volatility. He stresses that political narratives or ETF applications won’t diminish this risk.