金色财经
金色财经|Sep 27, 2025 19:04
[Cryptocurrency Holding Companies Face Risks Similar to the Early 21st Century Internet Bubble Burst] According to a report by Jinse Finance, Ray Youssef, founder of the NoOnes app, pointed out in an interview that even though financial institutions have now entered the cryptocurrency space, the 'overly enthusiastic investor mindset' that led to excessive investment in early internet and tech companies during the internet bubble burst still persists. He stated: 'The narrative of cryptocurrency holdings has become a significant feature of the current market cycle, which is strikingly similar to investor sentiment during the late 1990s to early 2000s internet era — a time when the internet bubble caused the stock market to plummet by about 80%.'
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