DeFiance Capital Founder: Going long on cryptocurrencies and shorting stocks trading strategies may be attractive, as USDC supply returns to a historical high

BTC3,09%

Gate News, March 16 — Arthur, founder of DeFiance Capital, recently posted on X platform stating that the stock market is currently overestimating the real situation. Once market sentiment shifts, the adjustments could be more intense. He believes this environment may present opportunities for Bitcoin and cryptocurrencies to perform, making them a hedge against sovereignty and geopolitical risks amid geopolitical and macroeconomic uncertainties. Arthur said, “Long crypto assets and short stocks or high-yield bonds (high-risk corporate bonds)” could be one of the more attractive long-short strategies in the current market. This trading trend may just be beginning. Additionally, he pointed out that the USDC supply, after hitting a bottom over a month ago, has risen back to a new all-time high, which may partly explain CRCL’s nearly doubled performance since its recent low.

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