.BernsteinBuzz says the new crypto cycle will be about yield, and as the ethereum economy becomes more mainstream, demand for ether deposits and yields should increase. willcanny99 reports.
Pressure on zero-yield generating bank deposits is expected to continue, which makes ether yields more attractive, Bernstein said in a research report on Monday.
Bernstein notes that in the “hierarchy of yields,” money market yields at peak rates are the obvious choice for investors, but these are in U.S. dollars, a fiat currency base.
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