More Crypto Companies Could Go Bust in Next Four Months, Report Warns | CoinMarketCap

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Interest in cryptocurrencies will continue to slow down in the second half of this year — and some businesses may struggle to survive, according to a new report. 🗒️

Interest in cryptocurrencies will continue to slow down in the second half of this year — and some businesses may struggle to survive, according to a new report.

Other brands may be forced to raise money at a lower valuation to prevent dying out as a recession looms — and amid "over-enthusiasm and over-investment" in the last 18 months. "That could actually be quite healthy from an ecosystem point of view because it'll clear away some of the mess that was created in the euphoria of a bull market. The best companies will be the ones that survive."

 

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