Bitcoin: The end of the beginning

Turbulent times for the cryptocurrency

clock • 2 min read

In 2017 there began a cascade of Bitcoin headlines lauding the millionaires created by the stratospheric increases in crypto prices. Meanwhile, 'blockchain' became the buzzword on the lips of the business world to rival robo-advice and artificial intelligence.

In contrast, 2018 ushered in drastic falls in price from around £14,000 a Bitcoin in January 2018 to roughly £3,000 by the end of the year amid declaration of the death of digital money. So what can we expect from Bitcoin in 2019?  Crypto assets face EU-wide regulation Price predictions are pointless. No-one knows for certain what will happen and timescales are even harder to predict. The swarm of retail investors badgering their clients about Bitcoin appears to have cooled along with the wild price upswings and it is unlikely to return in 2019. According to eToro's October researc...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

JPMAM's Karen Ward: Political uncertainty in markets has been replaced with 'policy uncertainty'

JPMAM's Karen Ward: Political uncertainty in markets has been replaced with 'policy uncertainty'

Same number of unknowns in 2025

Eve Maddock-Jones
clock 22 November 2024 • 4 min read
Stories of the Week: Fund groups record weaker net sales; ISA reform 'under review'; Ballie Gifford withdraws from climate initiatives

stories-fund-record-weaker-net-retail-sales-isa-reform-review-ballie-gifford-withdraws-climate-initiatives

Funds, ISAs and climate initiatives: The biggest stories from the world of investment and asset management this week

clock 22 November 2024 • 1 min read
Partner Insight: The attractions of the small-mid private equity segment

Partner Insight: The attractions of the small-mid private equity segment

New empirical research from Schroders Capital reveals that small and mid-sized private equity funds have outperformed large funds with greater resilience through economic cycles

Viswanathan Parameswar, Eufemiano Fuentes Perez and Verity Howells at Schroders
clock 19 November 2024 • 4 min read
Trustpilot