Why BTC along with all major cryptocurrencis are down today? Not heard any news to reasonate with this drop.
Now there are too many reasons and it's hard to understand myself.
the first time this began, it was attributed to the korean FUD but they came out to say that they have no intent to ban cryptocurrency.
second was about the court case and that also turn out to be not the cause.
now the current news i heard was that, the fall is from the chinese holidays.
so if this is true, then we must expect growth after 14th Feb.
The king coin bitcoin is down again due to the collective more negative news only not the effect, regarding regulations, banning, some social websites do not want to post the news or advertisement. hence this is news game not the effect. Now G20 decided not to crack down on crypto currency causing surge in price.