Recently, predictions of
Cryptocurrency price have been deflated. So far Korean government has caused a lot of fears and uncertainty that seem to have hit the market a lot.
On a global scale, regulations of many governments have adversely affected the cryptocurrency investors. Especially, after the historical dip, the investors are now more reluctant to make a transaction. Meanwhile, the traders try to hold coin and wait for an increase in price. Some of them sold in a panic, but encountered terrible drop due to the lack of purchasers.
If law on Cryptocurrency is implemented, its price will get back to stable soon. At the moment,
Bitcoin price is roughly above $11,800 and it is trying to hold that value. The fluctuation in this market will stay unpredictable in 2018.
RothscoinTeam.
