The virtual currency market lost $ 45 billion worth of Blockchain Week

On the threshold of the Consensus 2018, held in New York this week from May 14 to 18, many expect it to be a hit with the market. However, after the end of the event, it seemed that many investors were disappointed.

Last month, thousands of interested people gathered in Manhattan to attend the 2018 Consensus Conference and other virtual money-related events in New York. That makes investors predict a preparation for a "breakthrough" for the digital money market.css2018.jpg

Tuy nhiên, dù cho sự xuất hiện của những chiếc siêu xe, một bữa tiệc du thuyền với hơn 1000 người tham gia, cùng với rapper Snoop Dogg cũng không thể ngăn được sự sụt giảm giá trị thị trường đến 45 tỷ USD chỉ trong một tuần. Số liệu được Coinmarketcap.com theo dõi từ ngày 11/5 đến ngày 18/5.

Bitcoin giảm giá khoảng 3,7% trong tuần này xuống còn 8.117,43 USD/BTC ngay cả khi Arthur Hayes – nhà đầu tư "chịu chơi" đã thuê những chiếc Lamborghini để đến dự - đã dự đoán giá Bitcoin có thể tăng lên 50.000 USD vào cuối năm nay.

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Leading strategist Tom Lee is still very confident in Bitcoin. "After the Consensus 2018, our belief in virtual money is reinforced," he said in a statement after the conference. He cited the optimistic views of investors around the world about the prospects for increased demand and the soon-to-be-completed legal framework to officially put virtual currency into a kind of asset.

The reaction of the market last week with a big event like Blockchain Week has shown that the demand for virtual currency seems to be about to "saturate" - most people who want to buy are already involved. While optimists point to the large demand from companies and professional money management funds, virtual currency regulations in the United States and other countries have not been able to grow in the direction of attracting corporate investors. officials. Wall Street experts have dismissed the argument that Bitcoin is a "speculative bubble", while investment legend Warren Buffett compares it to "squared medicine."

"The failure of this week's virtual currency may be the result of unmet expectations around the Consensus 2018," said Sunny Lu, chief executive officer of VeChain Tech, and one of the performers. conference author said. "The quality of the projects involved may not be as good as expected," Lu said. "I think the price is down simply because people are feeling down."

according to Bloomberg