Bitcoin remains the lame duck of the crypto market due to the prevailing price decline in traditional financial sectors.
During the same time, the capitalization of the crypto market in dollars decreased by 13%, reducing the purchasing power of the initial capital by more than 20%.
Speaking of Germany, for example, with its 7.6% price increase per year, an 8% depreciation of the euro against the dollar should also be added to the equation, which will further increase the losses.
Investment agency Morningstar believes that cryptocurrencies have no equal in terms of income among assets, although they have too high volatility.