I recently read the opinions of some analysts regarding the global crisis. They write that the crisis will come, most likely, in 2020, and not in 2019, as mentioned earlier. One of the reasons is called trade disputes between the United States and China. The situation in the stock market is also one of the reasons. Well, will wait and see how it will affect cryptocurrencies and cryptocurrency market.
Also include the increasing debt of China which can also result to a world financial crisis again. I think cryptocurrency will be fine if this thing happen, and the current dump in cryptomarket is just a result of its own problem and not because of the crisis rumor.
Now there are indeed several countries in the world experiencing a global crisis in 2018,
Like country:
1. Guinea Khatulistiwa
2. Puerto Riko
3. Venezuela, etc.
the global economy continues to deteriorate and it is predicted that there will be a number of countries in the world economy will worsen in 2018. the reasons vary, starting from the existence of international sanctions, corruption, to natural disasters that have a major influence on the economy of the citizens.
This has a huge effect on cryptocurrency at this time, hopefully in the future all this can improve, especially crypto and Bitcoin.
Those countries are indeed in the crisis right now and I think the situation in Venezuela is getting worst as the inflation continues to increase beyond our expectation. Yes, i hope cryptocurrency can do something good about this crisis and don’t follow that down trend in the long run.