Turbulence in the crypto market: Experts choose the chaotic week for Bitcoin, Ethereum and other cryptocurrencies
In a week that saw $ 1 trillion shed from the crypto market, many have wondered what is happening to the cryptocurrency space now.
Is this the end of the great 2020/21 rally? Is it just a leap to new all-time highs? And what impact will it have on the industry in general?
To answer these and other questions, we invited two experts to understand the drop in prices and answer our readers’ questions about the current chaos.
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We spoke to Dr. Iwa Salami, a lecturer in finance law at the University of East London, and Fred Schebesta, a crypto lawyer and founder of the comparison platform Finder.com, which recently surveyed dozen of scholars and market analysts for their April. Report on cryptocurrency predictions as of May 2021.
Check out the full interview that answers your questions in the video below
Experts ask readers questions about the crash of the cryptocurrency
They explained which cryptocurrencies and projects they are most looking forward to in the future and what role Bitcoin will play in this emerging world of decentralized finance.
They also gave their predictions about how deep the current correction could go and what price Bitcoin could reach in the next two years.