We all know that cryptocurrencies are a big deal in Asia, but it seems like the Philippines is a growing hub for related crypto usage.
Despite Price Swings, Crypto Remains Popular
Digital assets have enjoyed something of a mixed back over the past year. Since early 2018, bitcoin, Ethereum and many other digital currencies have been trapped in the doldrums with seemingly no way out. Things got even worse last November when prices fell to their lowest points in almost two years. Bitcoin, for example, had been hanging around the $6,000 mark all summer, though by the time Thanksgiving rolled along, it fell to roughly $3,600.
Now, cryptocurrencies are seemingly making a comeback, with bitcoin spiking beyond $5,000 and Ethereum hitting the $176 mark, but there’s still lots of room for improvement. These prices don’t compare to the stellar moves we all witnessed in 2017, and many enthusiasts are longing to get back to those days quickly.
Despite the consistent price fluctuations, the…
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