The third week of June ended with a sprout of optimism in the crypto world, as analysts and traders tentatively grabbed onto signs that the massive turmoil in the digital currency market may be settling down.
In the wake of the continuing abysmal crypto market news, one of Bitcoin’s biggest supporters threw out a lifeline this week. Whether or not it pulls the world’s first cryptocurrency out of the churning digital currency waters remains to be seen.
While retail traders are watching their crypto portfolios dimmish, the metaverse world is full steam ahead. And that means opportunity knocks for those who are willing to take the time to sift through what’s hype and what’s reality in the virtual world.
As the mainstream market mayhem continues, Bitcoin and its fellow cryptocurrencies continue to be buffeted by waves of uncertainty and economic pessimism. But wait! Wasn’t it just over six months ago that crypto fever struck main street?