Bad news??? The market is emerging??? New laws
Or what?
All the above could contribute towards the decline of the value of our coins but as for this new year 2018 i think laws(regulations) are whats putting stress on the market but once this gets out of the way we should be going to the moon.
Yes, the new laws and the banning from countries that were flourishing good on the cryptocurrency usage is the major reason for the ongoing price dump. Periodically the price gets retained making people understand the real scenario and believe in the price recovery and mark new ath.
Even if there are lot of countries that doesn't ban bitcoin still they have a big impact about the dumping of the price, we are all investors of it and we are contributing for the price of bitcoin and sad to say that one of the reason for the sharp dump of it was the creation of panic for all investors, whenever they are seeing bitcoin price slowly dumping they are beginning to worry about what they have and selling some of it or worst all of their coins.