Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???
Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
Fraud does not affect the price of bitcoin, the reason why bitcoin prices fell due to market demand. However, there are some problems that can affect prices because negative news about bitcoin has been banned or bitcoin hacked. This problem in my opinion can influence it because of the security and state adoption problems in the use of bitcoin.