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RE: Explaining the Rise of Crypto & the Decline of Fiat to Our Families
@blubeast I can not wait to see what future brings, but I am really concerned that bitcoin lost nearly 30% of its value in just two days, according to numbers from CoinMarketCap.
The entire crypto market had wild growth since January. This is actually a natural ebb and flow. But take a look at the market volume since May. It has grown exponentially. That means we have more people entering the market and moving money. It may be going into other coins, maybe they are just holding and not spending..hard to say. All I know is that the fiat debt ceiling is coming up in October and I do not want to be holding fiat predominantly at that time. Don't worry :) All will be well.