What Are Crypto Executives Still Positive About After Massive 80% Bitcoin Drop?

In 2018, with the exception of Bitcoin and several other crypto assets, the majority of cryptocurrencies fell by more than 90 percent against the U.S. dollar.

Executives in the crypto space, especially those leading new initiatives and businesses in the emerging industry, believe that the bear market has presented companies with positive opportunities to rebuild the foundations of the asset class and the sector.

The majority of blockchain projects developing protocols or decentralized applications (dApps) have conducted initial coin offerings (ICOs) or token sales in 2017. As such, the valuation of many blockchain companies has been dependent on the performance of tokens.

Reference: https://www.ccn.com/what-are-crypto-executives-still-positive-about-after-massive-80-bitcoin-drop/

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