Crypto: Back from the Dead?
Apr 29, 2019
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April 29, 2019
Is crypto-currency back?
It’s a legitimate question given the across the board huge drops seen among crypto-currencies in 2018. There was blood on the street. This year, however, they seem to be coming back from the dead.
Legitimate or is this a zombie bear trap? There are reasons to be cheerful, however.
For one thing, there remains a fairly high level of skepticism and apathy towards the recent recovery in crypto prices. Bitcoin, which was up about 75% to over $5,000 recently, remains down 85% from its highs (the 4th time in 10 years for this). A ske...