So as you might have already heard, Facebook has taken a step against crypto ads asking people to participate in ICOs etc. And in the same time, bitcoin value has experienced quite a significant fall.
Is this bitcoin value fall an affect of this ban by FB?
It may not be the only reason but I would say it will surely have some impact on crypt market cap and ICOs as well.
Yes, I do hear that Facebook already banned bitcoin because it is against crypto ads especially to other ICOs. There are lots of Facebook users worldwide and I know that it helps a lot to advertise and endorse a certain crypto coin or tokens and because of that, it also affects other ICO's and bitcoin. I may not know the exact reason of banning bitcoin but it also affects the crypto world.