Cryptocurrencies And The Market - News Summed Up

Cryptocurrencies And The Market


2018: Another Crypto YearIn 2017, we saw the cryptocurrency market hit an all-time market valuation of over $600 billion, and while that certainly beats every stroke of the imagination, expect more of the same in 2018. As was in the past, increased interest in the cryptocurrency market seems to translate to increased gains. The Market Might Experience Some RegressionThe inherent shortcomings of cryptocurrencies -- their volatility, susceptibility to end-user intrusion and HYIP-like mode of operations -- might lay the foundation for distrust in the market. Hackers have already stolen millions of dollars in Bitcoin -- a reality that might spook fear and uncertainty in the cryptocurrency market. On the brighter side, 2018 may, however, be the year blockchain technology increases its reach in terms of market penetration.


Source: Forbes March 20, 2018 11:37 UTC



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