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.
I think FB banning will not affect the Bitcoin and Altcoins current performance because there are still lot of ways to promote these coins like using twitter, youtube, medium, signature campaign, bitcoin news sites and many more but now all ICO can use the FB advertising service again as long they will pay for it. So still money is the real reason of FB banning the ICO.