Gensler Shocks the Market: ‘All Cryptos Will Die, Only Bitcoin Will Remain!

Gary Gensler, former SEC chairman, declared that only Bitcoin should survive in the crypto market. According to him, most tokens do not have solid fundamentals.

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Comparing BTC to precious metals, Gensler stated that investors tend to value only a limited number of assets — which would explain the failure of most altcoins.

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He also warned about the risks of artificial intelligence in the markets, saying that automation can increase volatility and compromise human decisions.

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