avatarSuntonu Bhadra

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Abstract

gcaption>Snapshot from writer’s account</figcaption></figure><figure id="8b8e"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*zUsxn0AOt_x2pPcHKlbRFQ.png"><figcaption>Snapshot from writer’s account</figcaption></figure><p id="281f">I understand that <i>several prominent investors and firms have invested in these blockchain monetary bits</i>, but those factors do not only trigger these significant in

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creases. <i>The opening up of accounts to do transactions in these options is getting more comfortable, so a higher number of transactions are taking place.</i> People are buying these in smaller bits, thinking that the risk is lower. But, combinedly, the risk is getting more significant for the marketplace. <i>And, it is during this time of economic downturn. I hope the increase is rational.</i></p></article></body>

There is a market madness going on with Bitcoin and Ethereum. The transaction value of Bitcoin has gone up by 342.85% and Ethereum by 730.33% in the last one year. Following are the graphic depiction of the increase (updated till the moment I took the screenshots).

Snapshot from writer’s account
Snapshot from writer’s account

I understand that several prominent investors and firms have invested in these blockchain monetary bits, but those factors do not only trigger these significant increases. The opening up of accounts to do transactions in these options is getting more comfortable, so a higher number of transactions are taking place. People are buying these in smaller bits, thinking that the risk is lower. But, combinedly, the risk is getting more significant for the marketplace. And, it is during this time of economic downturn. I hope the increase is rational.

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