🏦 Unlike fiat money,
cryptocurrency is created under the management of no governments, making it more attractive than ever before. There used to be some stages of regressions in this market, but they were all followed by rapid recoveries and upward trends.
✴️ The increase in
cryptocurrency price can be mainly attributed to the great demand from Chinese, Korean and Japanese markets. This explains why the price fell so low when the governments of those countries established the ban or restriction on the operation of exchanges.
✴️ Moreover, despite under no management of governments,
cryptocurrency is in general vulnerable to their regulations and policies. These factors can make the market wildly fluctuate.
⏩⏩ However, understanding the trend of this market is not that difficult, and frequent updates can facilitate a lot.
