A few months ago, cryptocurrency investors in the world had a lot of fears. A significant drop in the value of digital currencies shocked these investors as Jason Hope explains. Bitcoin , for instance, went down by more than thirty percent. This was the first time the investors were dealing with a serious drop. All digital currencies in the world were hit hard this season.
Before the finance market recovered, the Chinese Banking Association posted shocking statements on their official website. According to the banking association, Chinese organizations were barred from using different digital currencies . The association termed the currencies to be extremely volatile; Jason Hope, a technology guru based in the United States, did not support the sentiments from China.
Many people felt that blockchain was ending just after getting into the market. The drop in value did not shock Jason Hope. The serial entrepreneur explained to investors that this was an ordinary process for any new digital currency. The futuristic thinker does not see an end to the emerging crypto market.