BlockBeats News, February 28: U.S. President Donald Trump is set to deliver a speech later on Friday, and market volatility seems poised to further intensify.
Griffin Ardern, Director of Options Trading and Research at the crypto financial platform BloFin, stated: "U.S. domestic policy has become unstable, and the White House seems eager to leverage this instability. Given the challenges investors face in obtaining accurate forward-looking guidance, many are more inclined to hold low-volatility assets... Traders need to unwind positions to reduce exposure to specific assets and then pivot to other markets, which explains the decline in almost all asset classes, including cryptocurrencies." (Coindesk)