People are becoming more and more interested in digital currencies and the price of prominent cryptocurrencies like Bitcoin and Ethereum have skyrocketed.
Total crypto market value doubled in about two months earlier this year, pushing it past the $2 trillion mark for the first time in early April.
But highlighting its volatility, the price of Bitcoin — the world’s most traded digital currency — reached a record high in mid-April, then took a plunge of around 30% in mid-May. Other digital currencies also saw sharp declines amid a broad cryptocurrency sell-off.
As of June 3, the global crypto market cap is $1.75 trillion.
Does virtual cash have real financial legitimacy? What are the conversion rates? How is cryptocurrency audited?
What are the economic implications of crypto’s rising popularity and increasing mainstream adoption?
How could it affect global financial markets? How could it be regulated?
Is crypto a fad, a scam, or the future of money and finance?
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