The prestige of cryptocurrencies slumped throughout 2018. The prices of almost all cryptocurrencies fell sharply and their market capitalization hit its lowest point in early April 2018.
In fact, going back one year, 2017 was a year full of euphoria for cryptocurrencies as their market capitalization grew very well.
The escalation of regulatory threats, bans on buying cryptocurrencies, closing of cryptocurrency exchanges, as well as concerns over potential fraud and hacking are some of the reasons behind the cryptocurrency slump, I hope cryptocurrencies will not be like 2018, it was a dark year in the crypto world.