Trust in Cryptos Restored?
What we observe in the market now is remarkable strengthening of cryptos.
In particular, Bitcoin approaches $10,000 and Ethereum approaches $1,000. Experts foresee further growth of the cryptos, though price predictions became more modest: $15,000-20,000 for Bitcoin in 2018.
This change can be primarily explained by the recent announcements made by officials in Europe and Asia. South Korean government and the European Central Bank stated they’re not going to ban cryptos, but focus on restriction of illegal activity.