In a shock decision today, RBI - the regulatory monetory authority of India barred all banks from having any association with individuals or businesses dealing with crypto.
Banks have been told to exit any such association within 3 months, and the local exhanges already see prices in freefall.
Sigh. Crypto just cant catch a break this year. I hope 2018 just ends already.
Go look at the Bitcoin life time chart
https://coinmarketcap.com/currencies/bitcoin/#marketsIt's been one big pump by whales since 2017
By the end of 2018 Bitcoin will be worth what it was worth before the hype around 500-700$