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Bitcoin, Ethereum And Other Major Cryptocurrencies Are Braced For A $2.1 Trillion Earthquake After Extreme Price Swings

 

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Bitcoin, Ethereum And Other Major Cryptocurrencies Are Braced For A $2.1 Trillion Earthquake After Extreme Price Swings

Billy Bambrough
Senior Contributor
Crypto & Blockchain
I write about how bitcoin, crypto and blockchain can change the world.
ptocurrencies have seen a violent return to volatility over the last two weeks with the combined crypto market losing then gaining around $300 billion (subscribe now to Forbes' CryptoAsset & Blockchain Advisor and discover crypto blockbusters poised for 1,000% gains).

The bitcoin price, currently trading comfortably around the psychological $40,000 per bitcoin level, remains significantly down from its peak of almost $65,000 set in April.

Now, amid reports institutional investors are gearing up to reenter the bitcoin and crypto market, a new law in Germany will allow institutional investors that currently manage a staggering 1.8 trillion euros ($2.1 trillion) to invest in bitcoin and crypto for the first time


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