Bitcoin Price Dives Below $9,700
January proved to be one of Bitcoins worse months in recent memory, as a variety of factors converged to erase the tail end of the assets remarkable 2017 rally.
But now all altcoins are crackdown..
Unfortunately, the flagship cryptocurrency does not appear to have shaken off those woes upon entering February, and growing regulatory concerns have reduced the Bitcoin price to a present value of $9,643. This translates into a $161.5 billion market cap and represents a single-day decline of six percent.
You should be happy because you can buy more btc within these dips,surely the market will bleed as most of the alts are going to react to bitcoin's movement because the only time that alts will grow when bitcoin goes sideways or stabilize.