DeFiance Capital Founder: The Trend of Going Long on Crypto Assets and Shorting Stocks May Just Be Starting, USDC Supply Has Returned to Historical Highs

Odaily News DeFiance Capital founder Arthur posted on the X platform, stating that the current stock market is pricing in reality too optimistically, and once market sentiment shifts, the adjustment could be more severe. He believes this environment may provide an opportunity for Bitcoin and crypto assets to perform, making them a tool for hedging sovereign and geopolitical risks amid geopolitical and macroeconomic uncertainty.

Arthur stated that the trading strategy of "going long on crypto assets and shorting stocks or high-yield bonds" might be one of the more attractive long-short combinations in the current market. He later added that this trading trend might just be the beginning.

Furthermore, he pointed out that the USDC supply has rebounded to a new historical high after bottoming out about a month ago, which may partially explain CRCL's near-doubling in performance from its stage low.