The rise of digital currencies is slow and the possibility of a sudden drop
Cautious rise and underlying fragility
After the rocket-like surges that amazed the world, it seems that the pace of growth has slowed to make way for a more cautious and gradual rise. While some see this slowdown as a maturation of the market and an anticipated stability, others fear that this relative calm is merely a mask hiding underlying fragility that could herald a sudden drop.
There is no doubt that the adoption of digital currencies by major institutions and government regulations represents a positive step towards enhancing their legitimacy and integrating them into the traditional financial system.
One of the most prominent of these risks lies in the high volatility that remains a key feature of digital currencies. While the prices of some major currencies have stabilized relatively, the market is still susceptible to the impact of sudden news.