What’s Next for the Industry as ‘Crypto Winter’ Thaws? By Cointelegraph


What’s Next for the Industry as ‘Crypto Winter’ Thaws?

It’s hard to tell who was the first to coin — if you’ll forgive the pun — the name for the dramatic price drop of (BTC) and altcoins as the “crypto winter.” But the name accurately captures the simultaneous collapse of around 2,000 global cryptocurrencies that lost a total of 80% of their aggregate market cap.

The term “crypto winter” probably came into more widespread use after BTC’s price drifted south to around $3,000 per Bitcoin in December of 2018, it’s lowest price in more than a year.

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *