Celsius is permitted to sell or convert any non-BTC and non-ETH cryptocurrencies into BTC or ETH starting on or after July 1, 2023. Celsius holds $70.5 million worth of CEL, $51.8 million in MATIC, $26.2 million in ADA, $17.3 million in LINK, $14.4 million in LTC, and more.

Considering Celsius' past actions, it seems they might not have our best interests at heart. Instead of investing in altcoins during bear markets, a safer approach could be to focus on BTC