Cryptoverse: After bitcoin ‘winter’, investors hunt risk in virtual worlds – Reuters
- Date: 08-Feb-2022
- Source: Reuters
- Sector:Financial Markets
- Country:Middle East
Cryptoverse: After bitcoin ‘winter’, investors hunt risk in virtual worlds – Reuters
Feb 8 (Reuters) - As bitcoin drifts towards mainstream maturity in 2022, daring crypto investors are eyeing up new sources of explosive action: "altcoins" that power online games and worlds.
But, be warned, the foothills of the unformed metaverse are no place for the faint-hearted.
Bitcoin , which like the rest of the market had been largely sinking since late 2021, has risen about 16% over the past two weeks to push above $41,000, prompting many market players to declare an end to the "crypto winter".