According to crypto analyst Nicholas Merten, corporate investment in the crypto markets may be the catalyst that propels Bitcoin (BTC), Ethereum (ETH), and the rest of the crypto markets out of their current slump. The DataDash host tells his 508,000 YouTube subscribers in a new video that corporate treasurers will save the crypto markets sooner than many expect. He said: “Corporate treasurers… could be the catalyst that carries us out of this recent correction that we’ve had in December and January. I do believe we are going to see it faster than we may expect.” Corporate Treasures are Picky About Their Investments When it comes to entry points, corporate treasurers are pickier than regular investors, according to Merten. According to the analyst, with crypto markets trading at a significant discount to all-time highs, huge corporate players may be trying to diversify into the young space. He said: “Corporate treasurers are not going to buy at new all-time highs. They buy when assets are at discounts. They rotate assets in their balance sheet, whether it’s up, you know, just basically cash, buying it on a discount, or maybe, for example, their equity plays have been doing really well, and now, they’re going to lock in some of those gains and rotate to fixed income assets like bonds or treasuries. Or into a new asset class, like cryptocurrencies. That’s how a corporate treasurer thinks. They do not buy at peaks in price, they ...
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