There was a kind of 'Black Monday' in the US Stock Exchange. The Dow Jones Index fell 4.60 percent. A daily loss was the strongest drop in Wall Street history with 1,175 points. Panic sales jumped into the world, the Japanese Nike index dropped by 5.5 percent ...
I do not particularly like to give disastrous news, but the crisis is in the doorway ...! The American Stock Exchange has not experienced such a decline for a long time.
Is this situation the signals of the crisis or is this crisis going to be skipped in a short time?
We are all waiting with curiosity ....
We all are aware with the critical situation of bitcoin that its valuation has been deflated to a very low extent so and I thing the reason behind all this is the number of investors who now started losing their faith in the bitcoin, as we all know that now the governments of almost all the nation has denied to legalise bitcoin and they are clearly stating a reason that bitcoin has been widely used in scam and illegal activities and then media who is spreading a negative rumours about bitcoin so I think these are the most probable reason for deflation of bitcoin.