Is This The End Of Cryptocurrency? – Bitcoin USD (Cryptocurrency:BTC-USD)

Any “true believers” in Bitcoin (BTC-USD) and other cryptocurrencies the past few months have seen their faith challenged, as consistently positive institutional and regulatory news has been balanced with steady declines in cryptocurrencies across the board. The total market capitalization of all cryptocurrencies now stands at roughly $204 billion, a level last seen in the first few days of November 2017.

Yet, among cryptocurrencies, it appears that Bitcoin, despite having hovered around the $6,000 range for the past few months, has actually been the safe harbor as other cryptos – including the much-hyped Ethereum (ETH-USD) – have seen far greater declines.

All this leaves one wondering if this is the new, stagnant future for cryptocurrency or whether a rebound may someday soon come. I remain optimistic to a degree on the cryptocurrency sector as a whole and for a few particular cryptocurrencies that I believe have found worthwhile niches.

It seems like the technology and…