The falling price of bitcoin and its shrinking share of the global cryptocurrency market has raised concerns of a potential repeat of the 2018 cryptocurrency crash.
Investors are rushing to altcoins as their prices rocket while the bitcoin rally runs out of steam.
Investors are constantly threatened by possible exchange shutdowns. With no depositor protection for cryptocurrency trading, any losses are eaten by the investors.
Investors hoping to make a quick buck are turning to alternative coins, cryptocurrencies other than bitcoin, which have prices that sometimes skyrocket by a thousand times in a matter of minutes.
The economy is slowly being eaten by blockchain-based assets.