Bitcoin is going down very hard till now after touch ATH last year. Any idea what caused it? And what the impact to other altcoins? Any opinion when bitcoin will be rise up again?
Feel free to answer my questions and thanks for your participation.
The value of a number of major virtual currency fell sharply on Tuesday (16/1/2018).
The decline was due to investors monitoring the warnings from some regulators and increasing crackdowns on the virtual currency market in China.
citing CNBC, a sharp fall in bitcoin prices, hinggan reaching its lowest point in 1.5 months. In addition, the price of ethereum and ripple also declined significantly