Cryptocurrencies and the G20 Summit – Will Market Values be Affected?

G20 Summit

Will the G20 Summit give support to cryptocurrencies?

Bans, criticism, and regulatory interference have intensified the debate over the fundamentals of cryptocurrencies. The prices of digital currencies have been sliding steadily over the last two weeks on crypto exchanges; BTC price has hit $7,000 on Sunday before paring some losses later in the day and extending the uptrend on Monday.

Global leaders had publicized strong concerns on cryptocurrencies during the world economic forum and asked regulators to play their part in streamlining the unregulated digital currencies according to the comprehensive trading policies.  

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