During a Fox Business interview, Input Output Global, Inc co-founder, Charles Hoskinson, highlighted the state of the crypto market in the United States and globally at large. Popularly known from his role in Cardano (ADA) and Ethereum (ETH), Hoskinson stated that the crypto market is okay but the banks are not. He noted that the 2023 banking crisis is already worse than the 2008 financial distress. As a result, Hoskinson concluded that it is better to work in the crypto industry than in the banking sector.