Uncertainties in the Bitcoin space will continue to hit the market as the value of yearly transactions of the cryptocurrency is seen to slide further in the remaining months of this year, a new study showed.

In its study, The Future of Cryptocurrency: Bitcoin & Altcoin Trends & Challenges 2018-2023, Juniper Research said Bitcoin has failed to recover after seeing its value to fall sharply from its peak in December last year despite the weakness of many major fiat currencies. It added this failure to regain from its all-time high underscores the volatility of the space with regard to on-going trade disputes between the US, China, and the EU.

Dr. Windsor Holden, the author of the report, commented:

“Bitcoin has no intrinsic value. Like any asse…

This article appeared first on Cryptovest

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