Analysts warn of greater degradation of fiat currencies, which is driving a growing appetite for digital assets, including cryptocurrencies and NFTs.
The appetite for risk in traditional and cryptocurrency markets saw a strong increase this week, helping US cryptocurrency funds recover the capital lost in the February and March correction, accumulating weekly inflows valued at over $7.5 billion.
Bitcoin surpassed its previous all-time high on May 21, two days after President Donald Trump confirmed ongoing ceasefire negotiations between Russia and Ukraine in a post on X on May 19.
For his part, popular analyst and CEO of Global Macro Investor, Raoul Pal, warned of further debasement of fiat currency, urging investors to gain more exposure to cryptocurrencies and non-fungible tokens (NFTs), as these assets "will never be this cheap again."
Cryptocurrencies and NFTs can help investors protect their eroded purchasing power during an era of exponential currency debasement, according to analysts and industry leaders.
Investing in digital assets is becoming increasingly important in the "world of the exponential era and currency debasement," according to Raoul Pal, founder and CEO of Global Macro Investor.
"Not enough cryptocurrencies are being held. When you do, not enough NFTs are being held, as art is the upstream of wealth. Both will never be this cheap again," says Pal.
NFTs are "the best long-term store of wealth that I know of and you can buy them before the network effects take place," he added in another response.
Cryptocurrency investment products in the United States attracted investments valued at over $7.5 billion in 2025, with a fifth week of positive net inflows last week signaling growing demand for digital assets among investors.
Cryptocurrency investment products based in the United States attracted investments worth $785 million last week, bringing the year-to-date (YTD) total to over $7.5 billion, according to a May 19 report from digital asset manager CoinShares.
The latest figure marks the fifth consecutive week of positive net flows, following nearly $7 billion in outflows during February and March.