Legendary Venture Capitalist: “We’re Close to a Crypto Nuclear Winter”16.18

It’s no secret that 2018 has proven to be a rough year for the cryptocurrency markets, which have seen their market capitalization plummet from highs of over $800 million in January of 2018 to recently established yearly lows of under $120 billion.

The poor market performance, which can be attributed to little more than a boom-and-bust market cycle, has left many investors wondering when the markets will recover, and looking towards upcoming platforms and products being offered by major players in the world of finance, including an institutional investment platform from Fidelity, and a Bitcoin product from the ICE-backed company, Bakkt.

Original source
https://www.newsbtc.com/2018/12/03/legendary-venture-capitalist-were-close-to-a-crypto-nuclear-winter/

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