This year has seen the cryptocurrency market cross 800 percent growth, but recently, there has been a slowing down and leveling off, even a dip. Is this the market stalling after astronomical growth, or could it be a sign of maturation?
Governments, financial institutions, as well as new niches of the population, are no longer observing cryptocurrencies - they are taking part. However, the flipside is that there’s been a lot of interference in places like China, with their ICO ban, as well as the USA and its SEC, and FINRA and the Russian central bank.
Some see bubbles, others see growth
There is no denying the astronomical growth of the crypto market, but for some these are scary signs, and signs that an unprecedented bubble is forming.
However, interesting developments are indicative that the landscape might in fact be evolving into a more stabilized market.
Fears of regulation and China jumping in with its hardline approach to ICOs, look to be actively stalling the market, but these can be viewed as signs of maturity.
More:
https://cointelegraph.com/news/crypto-market-maturing-not-stalling
