Crypto VC Believes the Masses Have “Forgotten” About Bitcoin a Year After All-Time Highs66

Cryptocurrency venture capitalist Chris Burniske believes the masses have “entirely forgotten” about digital assets, with his comments coming on the back of a prolonged bear market. Now, seasoned traders, institutional investors, and technological experts are leaving the crypto arena.

A year after Bitcoin was priced at $20,000 on some exchanges and the cryptocurrency market cap crossed $800 billion, crypto-evangelists are feeling the brunt of an over-bullish, highly-speculative, and hyped market. Many made predictions of a $50,000 bitcoin at the end of 2018, only to watch plunging valuations of bitcoin and all crypto-assets, alongside comments from skeptics about being right all along.

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