cryptocurrency forum

Why is bitcoin dropping?

Discussion in 'General Discussion' started by James Rodriguez, Apr 5, 2018.

  1. James Rodriguez

    James Rodriguez Beginner

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    With the day to day decrease in value of bitcoin the bearish performance comes off the back of BTC losing one thousand US dollar in the space of an hour on Wednesday, in the wake of a US regulatory crackdown on crypto exchanges. The crypto space is susceptible to FUD to a degree that is unprecedented in most marketplaces. Entire populations move money in and out of crypto based on mainstream news sharing select stories. One of the largest exchanges in the world possibly has been hacked coupled with the SEC reiterating their involvement in the crypto space caused significant panic this week.
     
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  2. xyzzy

    xyzzy Master of None Staff Member Super Admin

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    It's certainly a bad time for crypto, but the future for crypto is not as bleak as it may seem. Though that remains to be seen by mid April/beginning of May.
     

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