Get 40% Off
☕ Buy the dip? After losing 17%, Starbucks sees an estimated 20% upside. See the top Undervalued stocks!Unlock list

Bitcoin Uncertainties to Hit Further

Published 10/09/2018, 08:07 AM
Updated 10/09/2018, 09:21 AM
 Bitcoin Uncertainties to Hit Further

Uncertainties in the Bitcoin space will continue to hit the market as the value of yearly transactions of the cryptocurrency is seen to slide further in the remaining months of this year, a new study showed.

In its study, The Future of Cryptocurrency: Bitcoin & Altcoin Trends & Challenges 2018-2023, Juniper Research said Bitcoin has failed to recover after seeing its value to fall sharply from its peak in December last year despite the weakness of many major fiat currencies. It added this failure to regain from its all-time high underscores the volatility of the space with regard to on-going trade disputes between the US, China, and the EU.

Dr. Windsor Holden, the author of the report, commented:

“Bitcoin has no intrinsic value. Like any asse...


This article appeared first on Cryptovest

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.