European Authority Warned About Bitcoin!

European authority warns about Bitcoin! Europe's top market regulator pointed to the high risk in Bitcoin.

The European Securities and Markets Authority warned investors of the risks posed by the rapid and sharp rises in Bitcoin, the leader of the cryptocurrency market. In its risk report published twice a year, the European Securities and Markets Authority warned that cryptocurrencies are high-risk and speculative. The agency advised consumers who bought and held these assets to be on guard against high risks such as losing all their money. The largest cryptocurrency Bitcoin (BTC) has gained almost 900 percent in value last year, with individual investors increasing in demand for online transactions due to the coronavirus outbreak. Today, the leading crypto Bitcoin (BTC) is around 55 thousand dollars. In addition, European market regulators are talking about a new law for unregulated crypto assets.