š” CRYPTO NEWS š”
āļø Wild price swings for digital assets like bitcoin and ethereum shouldn't put off investors. 1 BTC = $2280 as of this post (at one of its lowest this period)
āļø Cryptocurrencies are still new: Bitcoin has the potential to hit $1 trillion in market cap by 2025.
āļø Cryptocurrencies are partly becoming more popular because countries and companies are taking a closer look at the technology that underpins them: blockchain. Japan, for example, approved bitcoin as a legal payment method in April. So if more countries start to legalize it, perhaps we will see another boom.
āļø Investors should not be put off by the price volatility for cryptocurrencies like bitcoin and ethereum because these digital assets are still very new and offer nearly unparalleled returns, experts told CNBC. Our team also feel that if you guys can hold your assets through these small phases of ups and downs, the potential to profit will be unreal.