Crypto numbers in the last 5 years have a story to tell, and it's not rosy

Cryptocurrencies have been on a rollercoaster ride over the last four years and the future does not look promising

Cryptocurrency has been one of the most talked-about investment instruments for millennials and Gen Z. During the last five years, digital tokens have multiplied the investor's wealth. Lately, these tokens have been under tremendous selling pressure owing to unstable macro indicators. It is also attributed to a stricter regulatory stance by the Reserve Bank of India (RBI). The once cheery investors can now be seen venting their discontent on social media platforms.

Tracking cryptocurrencies over the last five years

As of July 7, 2022, Bitcoin was trading at $20,528. Compared to this, on July 7, 2017, the price of Bitcoin