Cryptocurrency Market Volatility is Dangerous for its Future Prospects

Cryptocurrency Market

Cryptocurrency market volatility: Cryptocurrencies are the most volatile asset in the world. Because of this, the global financial system finds it difficult to consider them as viable alternatives to fiat currencies. The crypto market has the potential to generate or wipe-off billions of dollars in few hours alone.

Bitcoin (BTC), for instance – which is the leader of the cryptocurrency market – has produced huge upside and downside volatility in the last five quarters.

The BTC coin rose from $1,000 level at the beginning of fiscal 2017 to an all-time high of …


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