When we’re in an environment where all of those riskier assets are selling off, crypto is going to find itself doing the same..."
I expect that crypto will eventually make its way to being considered a more secure asset. I've been monitoring cyrpto prices through this decline, and bitcoin is, among all cryptos, the "safe harbor" crypto. All others haev declined more that bitcoin has, and that's been a repeating pattern.
Crypto is only considered risky because it is volatile in dollar terms. That's really the only reason. Bitcoin has been around for some 12 years so it has to be getting to the point where there is confidence in its longevity, albeit with volatility.
I generally don't like when big finance gets its grubby hands all over good products like crypto as the tend to me monetary magicians able to corrupt it. They did it and still do it with gold and silver, and if they are given the chance, they'll do it with crypto as well.