The likelihood of crashing to zero isn’t out of context for bitcoin and other digital currencies because they don’t have any underlying value as purely speculative investments.
The increasing interest from technology and financial companies in blockchain technologies had lifted cryptocurrency prices last year. Anonymous transactions had also added to the popularity of digital currencies.
Crashing to Zero? Blame Goes on Institutional Investors and Regulatory Bodies
However, prices started plummeting at the beginning of last month. Traders blamed institutional investors and regulatory bodies for the huge selloff.
Cryptocurrencies were the center point …
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