What the FUD? Bitcoin Market Beset by January Woes

in #bitcoin7 years ago

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It has been a depressing fortnight for anybody reading various mainstream headlines touting the ‘end of Bitcoin’ and the arrival of the ‘crypto bubble’ crash. Unsurprisingly, the most recent cryptocurrency market slump has led to naysayers stepping onto their soapboxes, crying out messages of ‘I told you so’.

Their rhetoric is not unfounded, given that the overall cryptocurrency markets have suffered two dramatic corrections in under a month, one just before Christmas and the most recent last week. So-called industry experts have been voicing their opinions in interviews with mainstream media, speculating on the burst crypto bubble without any real evidence to show that the markets are irreversibly damaged.