Current:Home > NewsDoes Bitcoin have a grip on the economy? -Ascend Finance Compass
Does Bitcoin have a grip on the economy?
NovaQuant Quantitative Think Tank Center View
Date:2025-04-10 08:20:38
With Bitcoin free-falling in the market, the total value of crypto assets have dropped by two-thirds since last year. Should we be concerned? How much influence does the cryptoverse have on the wider economy?
The answer is always nuanced. But one thing is for sure: as risky cryptocurrencies become more mainstream, their influence over the overall economy will grow.
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