The rise and fall of cyrptocurrency

After every now and then a new thing is bound to hit the market or an industry. No matter how back you go in time, you would always find that the only constant that has ever existed is the change. No matter what you do, a new thing will definitely come up. For instance, if you remember how insulin was extracted by slaughtering pigs. But as the technology evolved this stopped and insulin even became twenty times cheaper. This shows how a new thing brings a lot of changes in the environment. Now that we all know how much technology is bringing a change in the world around us something much unexpected has arrived. We are talking about cyrptocurrency here.

Crypto almost started a decade back with literally no value. Back in 2010, a bitcoin that is the most famous and talked about cyrptocurrency did not really cost more than ten to a hundred dollars. It is only now that people have known terms like electrum god or Bitcoin God Wallet. The reason behind it is the past two years. In the last couple of years, the value of bitcoin has increased more than six thousand percent. This is one of the main reasons why people came to know about it. This created a ripple effect. As more people started to understand god electrum and such crypto terms, in no time new crypto currencies also started to hit the markets. For all you know, they also did very well. One other big name in the crypto market is Ethereum.
But nowadays, a lot of people have started putting their money in and out of crypto. A lot of big business houses have started to speculate that the crypto bubble will burst soon. This is why prices are falling by fifty percent.

Top stories of the week