The Cryptocurrency Market Depresses

[rhubygold23]

At the moment we are experiencing a decrease in the cryptocurrency market. There are a lot of conjectures for its reasons but as I see it all based on lowering the beliefs of many of the value of cryptocurrency and its future.Things will eventually boil down to the trust and confidence of the market -- we are talking of the people here the investors and the holders -- bestowed on cryptocurrency. After last year heavy speculation and the eventual crash, many people are now asking if it is really worth it storing their wealth in Bitcoin and other cryptocurrencies. When they see that a simple announcement from the government do affect the value of cryptocurrency, people are realizing that actually cryptocurrency is not truly independent from the government and that we are not yet actually enjoying the benefits of decentralization. Of course, there will always be many analysis on this matter but there is no denying that the confidence in the market is crashing. Let's wait for the reasons when this confidence will be bullish...and hopefully that can happen soon.