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Ethereum, Bitcoin, take huge price hits; should you be worried? Frank Holmes dissects market

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Volatility is built into the "DNA" of cryptocurrencies; capitalists as well as investors need to not fret about the price drops previously today, stated Frank Holmes, executive chairman of HIVE Blockchain Technologies.

Talking on Ethereum as well as DeFi, Holmes said "I assume that this is an incredible sector, as well as there's mosting likely to be numerous new by-products originate from it, as well as it has nothing but blue skies, however very unstable."

0:00 – Volatility of Bitcoin and also Ethereum
11:15 – Crypto mining
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Ethereum, Bitcoin, take huge price hits; should you be worried? Frank Holmes dissects market

Volatility is built into the “DNA” of cryptocurrencies; investors and traders should not worry about the price drops earlier this week, said Frank Holmes, executive chairman of HIVE Blockchain Technologies.

Speaking on Ethereum and DeFi, Holmes said “I think that this is a phenomenal industry, and there’s going to be many new derivatives come from it, and it has nothing but blue sky, but extremely volatile.”

0:00 - Volatility of Bitcoin and Ethereum
11:15 - Crypto mining
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.