No, we're NOT entering Crypto Winter
Bank of America just released their “Digital Assets: In the Flow” report. Their analysts predict that, while the upside for cryptocurrencies will be limited for the next 6 months, we're not entering a "Crypto Winter", given the current "levels of user adoption and growth in development activity".
We actually agree. This market downturn isn't like previous downturns: the use case of uncensorable money is loud and clear right now.
Original video appeared on Coindesk.tv
Thumbnail by Sam Ettaro
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The cryptocurrency ban in China has hit the market a lot. We expect it to recover.