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Why Cryptocurrencies Are (Almost) Dead
When was the last time you heard something huge and noteworthy about crypto in the news?
Bitcoin reached it’s all time high in October 2021 and lost 50% of it’s worth. They question of why should cryptocurrencies be some kind of relevant in the future. Was crypto just a hype that is over now?
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The Reason Why Crypto Is Not Dead
- Balaji Srinivasan, the former CEO of Coinbase said that bitcoin will hit the million dollar mark within the next 90 days
- Look at the chart of bitcoin and compare it with stock like Shopify or NVIDIA. You see the similarities right? The Bitcoin chart is quite similar to the chart of many stocks which already exploded after the small “recession” like NVIDIA which shows that bitcoin also has this potential.
- If Crypto was a hype, there would not be so many companies investing in blockchain technology.
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CURATOR'S NOTE
Is it worth it to invest in BTC or XRP?
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