analysts believe that the inability to insure the cryptocurrency market is a major hindrance in legitimising digital currencies and helping them enter the mainstream market , according to analysts . The uncertainty surrounding digital token regulation has led to hesitancy in adoption from leading investors and asset managers , particularly concerning increasing cyber risk awareness and the declining bitcoin value in recent years . The digital token ’ market is currently valued at $ 120bn , down from over $ 200 at its peak in January 2018 .
Analysts believe that the inability to insure the cryptocurrency market is a major hindrance in legitimising digital currencies and seeing them enter the mainstream market, according to Reuters. The uncertainty surrounding digital token regulation has led to hesitancy in adoption from leading investors and fund managers, particularly concerning increasing cyber risk awareness and the declining bitcoin value in recent months. The digital tokens’ market is currently valued at $120bn, down from over $800bn at its peak in January 2018.