After the cryptocurrency Bitcoin last week the 15. 000 – has broken through the euro mark, it is now back on the decline. The current rate is around 14. 500 Euro. In addition to Bitcoins, other cryptocurrencies also saw a decline in value. An Ethereum coin is currently around 320 euros. At the moment it remains to be seen whether the prices will recover in the coming days. However, the fluctuations continue to create great uncertainty among investors. Especially owners of large amounts of digital coins are able to massively influence the price.

Experts are currently assuming that the Bitcoin will reach the 15. 000 US dollar mark will reach. This could mean that even more investors will decide to convert their Bitcoins into hard cash.

Those who are currently still thinking about their savings To convert to Bitcoins, you should be aware that this is an extremely speculative investment. The signs are good that cryptocurrencies can establish themselves in the coming years. Especially since PayPal has already announced that it will offer so-called wallets for safe storage from 2021. This would ensure better acceptance of the digital coins and have a positive effect on the price.

However, it can be assumed that when prices rise, a large number of investors will decide to say goodbye to their Bitcoins. For this reason, strong price fluctuations will also be recorded in the future.