A look at the major questions, issues and likely developments in BKCoin Capital’s crystal ball

Cryptocurrencies markets are invigorated again, following the pull back from record highs and subsequent sluggishness due to global regulatory crackdown and debate around Bitcoin’s environmental impact and energy consumption levels.

With bitcoin’s capped supply at 21 million as well as Ethereum’s EIP-1559 expected to go live next month, which will evolve Ethereum as a deflationary asset, I believe the writing is on the wall when it comes to what will hold value over the coming decade.

It always seems to be when there’s nothing but euphoria in the market, something smacks you in the face and takes the market down.

Biden’s stimulus package is welcome news and the outlook for bitcoin and crypto markets looks as promising as ever.