Bitcoin: -14,33%
Ethereum: -21,57%
Ripple: -32,08%
Bitcoin Cash: -20,67%
Cardano: -36,74%
NEO: -23,84%
Many factors can explain the recent crypto crash:
- South Korea’s financial regulator has officially announced that the country not allows trading of cryptocurrencies using anonymous accounts starting on January 30th 2018. This means cryptocurrency traders won’t be able to make any deposits into their virtual wallets unless their cryptocurrency account details and the bank accounts they own match.
- China also considering heavy regulations
- “Wall Street sold huge amounts of Bitcoin just as the futures contract was expiring (which many of them shorted). This combination caused mass fear and doubt, especially in those who are new to the market and weren’t around for the previous crashes.” says ChainTrade CEO Vincent Jacques.
Others facts who makes the situation more tense:
- The Japanese platform CoinCheck victim of piracy. According to the leaders of the Japanese trading platform, more than 500 Million Dollars of NMS were stolen by an anonymous group of Hackers.
- Facebook is banning all ads promoting cryptocurrencies
While bitcoin and cryptomarket crash, DigixDAO is the only coin in the Top-100 to Rise today ! +100,51% in a week !
$DGD = $466,68 USD
+89,13% (24h) 📈🚀🌕
Market Cap: $933 366 000 USD
https://www.cryptocurrency-infos.com/
