A series of negative market catalysts caused a major sell-off in the cryptocurrency markets in May, with Bitcoin plunging up to 50% from a record high of $65,000 hit on April 14.
The wild volatility in the values of Bitcoin, Ethereum, and Dogecoin has raised concerns among investors as to whether digital currencies could be considered as a store of value and whether they could replace gold and fiat currencies in investors portfolios.
Read our Head of Investment Research Vrasidas Neofytou detailed analysis on the hot topic in "Economy Today" magazines June's issue*.
*Article available in Greek (page 12-17).
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