Placeholder VC’s Chris Burniske Cautious on Crypto Market

Chris Burniske, a partner at Placeholder VC and former head of crypto at Ark Invest, expressed caution regarding the current state of the cryptocurrency market. On February 6, Burniske stated that he is closely monitoring the situation but is refraining from making any purchases at this time. He anticipates a market rebound but remains concerned that the ongoing “bloodbath” may not have concluded yet.