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Why does Bitcoin is crashing fast?
Why does Bitcoin is crashing fast?
- Rotdhizon 9y agoThe current decline is due to Google announcing that they are removing all cryptocurrency related advertisements.
- FinlayReynolds 9y agoThere definitely is a lot of speculation surrounding the future of Bitcoin. https://cryptonewstrends.com/ https://cryptonewstrends.com/ 1) There was the hack issue at Binance about a week ago. 2) Google made the alarming decision to ban crytpocurrency related ads 3) The US congress planned to hold a hearing on the impact of cryptocurrency and ICO’s on the financial market. All of these happened in a relatively short frame of time. The cryptocurrency market lacks complex regulations or insulation from shocks like this. So generally there tends to be frenzy when major news breaks, especially regarding BTC.