Cryptocurrencies exploded in popularity during 2017. This momentum carried over to the start of 2018. However, a bear market set in shortly after. Many cryptocurrency prices tanked, leaving multiple investors struggling and out of pocket.


However, many aruged that the exponential growth from 2017 was never going to be sustainable.

The cooling off period for Cryptocurrencies

Therefore, at some point a cooling off period was necessary, which we’re seeing now. The hype was reaching unprecedented levels. People with no knowledge of the cryptocurrency space looked to make a quick buck. This led to prices becoming increasingly inflated over time. This bear run currently continues, but there are some green shoots emerging. Since this is a relatively new sector, there are growing pains evident. However, others take this extended bear run as being the end of cryptocurrencies.

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