Cryptocurrency investors should be aware of the potential risks in the market this year. The foremost of these is a potential surge in selling from Mt. Gox creditors who are set to be repaid their BTC after almost 10 years of waiting. Additionally, with the continued aggressive campaign of major US regulators and the US government dumping another 41,500 BTC on the market, as well as the high interest rate that makes it difficult for some players to borrow and expand, this may cause a significant price drop in the crypto markets. However, most crypto currencies have so far shown resilience, and with the Ethereum system upgrade, which has given stakers the ability to finally withdraw their crypto from the blockchain, some analysts are optimistic that this could be a net positive for the market in the long term. Ultimately, investors should remain aware of the potential market risks and stay up to date with current events in order to get the most success in the crypto markets this year.



Other News from Today