in this month price of bitcoin goes down , any one know reason for BTC price down
bitcoin prices go down, as many people sell them. there are several factors that make a decrease in almost all crypto. which I know, because of some rumors about the crypto market ban in south korea. there may be other factors that are increasingly making the value slump. but at least, now we can buy bitcoin at a lower price.
Well, issues related to legality are very easy to influence the price of bitcoin. A few months ago the news from China also made bitcoin prices stunned, just as it is today, linked to South Korea. However, South Korea has announced official news, that no exchange shutdown and tax announcements, hopefully this brings a positive impact.