Speaking with CNBC on May 27, senior analyst at Deutsche Bank Research and author of ‘Democratizing Finance,’ Marion Laboure, shared her outlook on cryptocurrencies and pricing behavior in the context of demand exceeding supply as regulation looms in the background. Regarding the matter of regulation in the crypto space following the recent collapse of the Terra (LUNA) ecosystem, Laboure stated that more regulation is required in the market. On this matter, she stressed that there is a disparity between Bitcoin and other cryptocurrencies, especially the newer ones in the market. She added:
Bitcoin may have lower relativity
In addition to this, Laboure pointed out that the market has been experiencing a significant amount of volatility over the past few months and years, and she emphasized that this volatility is not going away anytime soon. On a more upbeat note, she said that if the cryptocurrency market is regulated, there is a possibility of wider acceptance, and that the liquidity should rise. As a result, the market may have a lower relativity if it has a higher liquidity. The analyst stated: Finally, in comparison to a commodity like diamonds, Laboure feels Bitcoin’s value will continue to rise and fall depending on what people believe it’s worth. Watch: Deutsche Bank says Bitcoin can’t be compared to other cryptos
