Crypto Assets Better Investment Than Tokens, Analyst Says
Bobby Lee of digital asset firm BTCC told Cheddar that assets like Bitcoin and Ethereum are more comparable to securities than crypto tokens, and it's where he said he remains bullish.
For full interview [click here](https://cheddar.com/videos/is-blockchain-overrated).
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.