These are the five biggest risks that threaten Bitcoin

The bitcoin roller coaster has yet to stop. The leader of cryptocurrencies has closed the first half of the year engulfed in wild volatility. It marked all-time highs in April, close to $ 65,000, as it closed the first half of the year with a 47% drop from those levels. And now that? These are the biggest risks in the sector.

1. Regulation. It is and always will be one of the biggest headaches of bitcoin. Although experts such as Simon Yu, from StormX, acknowledge to CNBC that the latest snub from China may even be "positive" for crypto, it recognizes that "overregulation" that can face in the US can be a problem.

2. Volatility. Coined by its defenders as 'digital gold', this term can be a double-edged sword and this is how it is being demonstrated so far, letting us see in this first half of the year the best and the worst that cryptocurrency can offer.

3. The environment. Elon Musk was one of the first but not the last to point out his concern about the impact crypto mining has on the ecosystem. "At the very least, it can discourage some investors from having bitcoin," Citi experts acknowledge in one of their latest reports, in which they do not rule out that this "encourages the intervention of governments, such as the Chinese, to ban mining" .

4. The scrutiny. Another problem that bitcoin (and crypto in general) continues to face is the issue of 'stablecoins', whose prices are intended to be linked to real-world assets, such as the US dollar, which escalates scrutiny over the rest of the world. cryptos.

5. The 'meme' coins. With dogecoin as the main banner, the 'meme coins' or 'meme' coins are another of the great threats of bitcoin, especially when related to potential scams on consumers.

Translated by Caoimhe Toman