Investors sometimes behave like a bunch of herd animals driven by emotions, and when one of the flocks gets spooked, the others also get spooked. But the hard fact is that a lot of people have faith in bitcoin as it has successfully bounced back earlier.
In the market that popular crypto exchange Binance has been hacked in an attempt to influence Viacoins price. Securities Exchange Commission (SEC) issued a statement that cryptocurrency platforms should not be called by the name of exchanges since it creates an illusion of regulated activity.This affects the cost of Bitcoin.