Will the Crypto Market

Rise in the Future

Case study #2

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will crypto rise in future

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cryptocurrency values may continue to plummet. They reached a record high of about $69,000 in November, but have since fallen below $50,000, a drop of nearly 30% from their peak

which puts the question in everyone's mind that "will crypto rise in future".

various financial experts are making various claims ranging from cryptocurrency prices rising to cryptocurrency prices falling. We cannot put our faith in any single prediction since one of the underlying problems with many cryptocurrency price predictions is a lack of good analytical backing to back up their claims.

why is the crypto market down anyway?

In recent weeks and months, the value of cryptocurrencies has plummeted considerably, and the bottom looks to be lower than anyone imagined. Recently, the US-based crypto exchange Binance announced plans to acquire rival exchange FTX trading—only to withdraw 24 hours later, sending shockwaves across the investing world, with anxious investors withdrawing their crypto funds and causing the business to fail.

Predictably, these maneuvers wrought havoc on the bitcoin markets. Bitcoin's price fell by 23% in seven days to $US15,978, after briefly exceeding $20,000 earlier that week. Ethereum, the second most valuable cryptocurrency, has fallen 24% in seven days. Indeed, the closer the coin's link to Bankman-Fried, the harder it fell, with Solana (SOL), a billionaire's favorite, falling 60% in a week, while FTX's native currency, FTT, fell more than 90%.

Other factors contribute to the decline or stagnation of the cryptocurrency market:

there are actually few good news related to the crypto market

• The war in Ukraine

• Inflationary fears

• Higher interest rates, which will make it more expensive for businesses to borrow money

• China’s continued crackdown on crypto is playing a part too. And there has also been speculation that crypto operations could come to a halt in Russia

• Severe sell-offs of major cryptocurrencies. This has triggered panic and further sell-offs as consumer confidence is knocked.
  

The market for cryptocurrency ATMs is expected to rise dramatically by 2030, according to Grand View Research. According to the research platform, the ATM market would grow by 60%. However, due to macroeconomic factors, the cryptocurrency market remains dormant.

What is a Crypto ATM?

A cryptocurrency ATM allows you to buy Bitcoin, Ethereum, and other cryptocurrencies with a bank credit card or cash. They can be distinguished visually; some resemble standard ATMs, while others are integrated into stands or walls.

On September 15th, Ethereum successfully completed its Merge to Proof-of-Stake. The conclusion of The Merge resulted in several beneficial effects for Ethereum. It replaced proof-of-work miners with more energy-efficient proof-of-stake validators, reducing Ethereum's electricity consumption by 95.1%. For a straightforward explanation of the proof of stake concept, I recommend watching this video by Johnny Harris, which is really easy to grasp.