Crypto investors are seeing red this week. Bitcoin plunged to two-month lows on Thursday, dipping below $9,000 for the first time since November. At the time of writing, Bitcoin had bounced back up to the $9,200 level, down from weekly highs just above $12,000. This week has seen coins across the board in the red a sign that investors are jumping ship to fiat currencies this time instead of swapping into altcoins as weve seen in the recent past.
https://imgur.com/a/1DaM3Lack of information, fear of the unknown and the banning of major companies such as google, facebook and twitter and many countries. We experienced the lowest price of bitcoin for the last few weeks but we also witnessed an increase this recent week. However I think that bitcoin price will still rise.