Bitcoin has fallen by more than 56 percent since the turn of the year, after peaking at nearly $20,000 in December 2017.
CoinMarketCap price charts show that bitcoin has been falling for weeks, though this latest crash has been blamed on mounting confusion surrounding the Indian Governments stance on cryptocurrencies.
I don't think the crash back then would have been stired by the Indian government because I do think there are as many whales as countries like Japan, China or the USA and knowing the major drop of prices was as a result of exchange regulations and some banks closing accounts known for crypto transactions.