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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

#Three_Reasons_Why_Bitcoin_Price_Is_Falling......,

BY: @rehan4321 | CREATED: June 23, 2018, 1:14 p.m. | VOTES: 1 | PAYOUT: $0.00 | [ VOTE ]

Here are the three reasons behind Bitcoin price fall. Last week three negative news related with cryptocurrencies triggered their plunge.The first was related with Nobuaki Kobayashi, the Mt. Gox. Trustee, that he sold $400 million of Bitcoin and Bitcoin cash in the January and February this year. He still owns $1.7 billion worth of Bitcoins and this is adding further fears in the market.[IMAGE: https://cdn.steemitimages.com/DQmXqhpzkYz1M6NuTe4BrX22hugGhK5jEFevUrJuZX7iyyp/Screenshot_20180623-183159.jpg]

Then there was a rumour in the market that popular crypto exchange Binance has been hacked in an attempt to influence Viacoin’s price. Securities Exchange Commission (SEC) issued a statement last week that cryptocurrency platforms should not be called by the name of exchanges since it creates an illusion of regulated activity. Investors are misguided in believing various online trading platforms to be SEC-registered and regulated marketplaces when they are not, SEC said. Even the Financial Services Agency (FSA) came out with a statement that domestic cryptocurrency exchanges will be suspended. All these factors lead to nearly 11 percent plunge in Bitcoin price.

TAGS: [ #money ] [ #guruu ]

Replies

@cheetah | June 23, 2018, 1:14 p.m. | Votes: 0 | [ VOTE ]

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.financialexpress.com/market/3-reasons-why-bitcoin-is-falling/1095421/

@rehan4321 | June 23, 2018, 1:32 p.m. | Votes: 0 | [ VOTE ]

But i made this

@steemitboard | June 23, 2019, 1:17 p.m. | Votes: 0 | [ VOTE ]

Congratulations @rehan4321! You received a personal award!

https://steemitimages.com/70x70/http://steemitboard.com/@rehan4321/birthday1.pngHappy Birthday! - You are on the Steem blockchain for 1 year!

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