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bitcoin Price Falls To $6,000, Sheds Over 60% Value In Just One Month news 2018
Prices of the most popular cryptocurrency Bitcoin fall below $6,500 against $17,150 exactly a month ago, falling by 64% since January 6 this year. this bitcoin news 2018
Bitcoin News 2018
Bitcoin News 2018
Bitcoin prices have fallen 64% (or nearly two-thirds of value), at Luxembourg's Cryptocratization Exchange Bitstamp, which came down to $ 6,136 below $ 12.11 a dollar against $ 17,150 a month ago. Prices of bitcoin have fallen drastically in the last one month, largely due to regulatory action. On February 1, India's Finance Minister Arun Jaitley said that the currency is not legal tender and the government is planning a crack. After this, the price of bitcoin has declined in the international market.
Bitcoin prices lost two third values in 1 month to know 5 things
1. From the Global Regulatory Clampdown to ban credit card use to buy bitcoin by British and American banks, about 15 percent of Monday fell by about 15 percent from Monday due to various concerns. British Bank Lloyds Banking Group said on Sunday that it is prohibiting consumers from using credit cards to buy bidkins. It is included in the American banking giants JP Morgan Chase and Company and Citigroup, who announced such a sign on such concerns when volatility moves into value.
2. A few days ago, Facebook had announced banning advertisements of binary options, initial coin offerings and cryptocycenes.
3. Union Finance Minister Arun Jaitley said in his annual budget speech on Thursday, "The government does not believe in Cropococons legal tender or coin and in the financing of illegal activities or as part of the payment system, to use these cryptoasets All the measures will be done. "
4. On the Bitstamp, the Bitcoin price trades at $ 6,170 per day, while two days ago, on February 4, the price was $ 8,1 9 two days ago. In fact, a week ago, Bitcoin prices were worth $ 9,971, 60% more than today's price. Two weeks ago, Bitcoin prices closed at $ 10,852, almost 75% more than Tuesday's price.
5. Prices are too low in India's Bitcoin Exchange. The purchase price at Sikkiser is Rs. 4,50,000 while sales price is Rs. 440,000gb