While Inflation in the US is now above 4%, traditional stores of value like gold are under-performing. Bitcoin's price also decreased after Elon Musk criticized its energy-consumption and is now trading below $50,000. Time to buy the dip? Vitalik Buterin’s decision to sell and donate his 49% share of $SHIB had a similar impact on the price spreading FUD amongst dog-themed token holders. Nevertheless, the fundamentals remain strong for blockchain and crypto especially as we face inflationary pressure and when zooming out, most cryptocurrencies have outperformed traditional assets year-on-year. In the meantime, Bitcoin.com Exchange has listed exciting new assets, and we’re running a $15,000 STC Trading Competition to give you a chance to win STC. To learn more about the token, join our AMA on Tuesday, May 18th. #CryptoTrading
Log in to join in Reading is open to everyone. Replying needs an account.
No comments yet