Vitalik Confident Volatility in Cryptocurrency Market Will Stabilize
Sep 9, 2022
The past couple of months haven’t been kind to the cryptocurrency market. While cryptos had been steadily declining over the first half of the year, the crypto market crashed in June 2022. Bitcoin prices sank below $20,000 for the first time since late 2020, and Ethereum fell below $1,000. When the dust had settled, major cryptos such asBitcoin and Ethereum had lost more than 50% of their value while a multitude of other cryptos lost more than 90% of their value.
Unsurprisingly, investors around the world, especially those who invested big in crypto, have been worried about the future of the market. Cryptos and blockchain were sold as a revolutionary new technology that could bring online commerce into the new age, but in the wake of the…
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