Deutsche Bank: Bitcoin Crash Among 2018 Financial Worries

in #bitcoin7 years ago

The economy globally has continued its strong uptick throughout 2017, partially spurred on by very low interest rates and massive investment into various markets. However, according to Deutsche Bank Chief International Economist Torsten Slok, the major risks for the global economy in 2018 include a crash of Bitcoin.

725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9lYTEwMTYxZmFjMWUxNjc3NjVmZjE0Y2VjYmM4NjU5NS5qcGc=.jpg

Slok sees huge potential for volatility in the price of the cryptocurrency, as do other economists, and has indicated that the price may even see huge changes before the close of the current year. His main concerns include regulation, transparency, and disclosure, as well as volatility drifting into the overall market.

Sort:  

thank you for sharing this interesting post!

thank you :) and have a nice day !

Coin Marketplace

STEEM 0.21
TRX 0.26
JST 0.040
BTC 101903.07
ETH 3676.99
USDT 1.00
SBD 3.21