Temperatures outside may be in the 90s right now, but investors in the world of cryptocurrency are weathering a very different kind of season.
The digital currency world is experiencing a downturn those in the field refer to as a “crypto winter,” and some experts are saying this one might be far more painful than similar downturns since crypto first became a big thing internationally with the introduction of Bitcoin, now the world’s largest cryptocurrency, in 2009.
A crypto winter is a stretch when the prices of Bitcoin and what is now thousands of other cryptocurrencies worldwide contract and remain low for an extended period. Two previous such winters have occurred in the recent past, according to an article from the World Economic Forum: one in 2014 and another in 2017-18 after an extended bull market for crypto in 2017.
The idea that cryptocurrency isn’t doing well right now might seem strange to casual observers who don’t follow the market but remember stories from late 2021...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...