Selective Bull Market Driving Smarter, More Thoughtful Crypto Plays Among Singaporeans – 2025 Independent Reserve Cryptocurrency Index Shows | Taiwan News
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- Flight-to-quality resulted in strategic profit-taking among Singaporean crypto investors
- Stablecoins are fast becoming the bridge between traditional finance and decentralised finance (DeFi)
- In Bitcoin, Singaporeans trust: BTC remains a preferred choice over all other crypto
SINGAPORE, May 22, 2025 /PRNewswire/ — The 5th edition of the annual cryptocurrency study[1] by Independent Reserve (IR), Singapore’s first licensed cryptocurrency exchange for all investors, shows that Singapore is experiencing a unique phase in the cryptocurrency cycle: a selective bull market that has not led to widespread buying, but has instead prompted strategic profit-taking and portfolio rebalancing.
Amid a shifting…
