Oxford Analysts: Investors Actively Moving to the Crypto Market
Analysts from Oxford University analyzed investor behavior during the crisis against the backdrop of Covid-19 and concluded that many of them are switching to digital currencies. Experts believe such a trend can cause problems to the traditional financial system.
Researchers believe that the main advantage of cryptocurrencies over traditional money is decentralization. The fact is that in such conditions, people stop trust governments and banks, and this encourages them to switch to crypto assets.
But along with this, analysts believe that the cryptocurrency market is still volatile and depends on the information component too much.
Experts are sure that cryptocurrencies have a future, but this market needs regulation.
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