Danish macroeconomist Henrik Zeberg has issued a warning about an impending major market crash, likening the current economic climate to historical bubbles such as those seen during the steam engine and internet eras. Despite the grim outlook, Zeberg forecasts that Ethereum (ETH) will outperform Bitcoin (BTC) in a potential 'blow-off top' phase.
Zeberg highlights that both the crypto and stock markets are currently valued at 2.5 times their fundamental worth, with the crypto market capitalization reaching 250%, nearly double that of the 2000 dot-com bubble. He anticipates a period of extreme euphoria preceding a deep recession, which could lead to a significant downturn in the crypto sector.
Danish Economist Predicts Market Crash, Sees Ethereum Outperforming
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.

