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Why cryptocurrency is going down

by Gabriel

Why Is Crypto Going Down? Will the Slide Continue? Bitcoin is the face of the cryptocurrency market. And the majority of price movement within the market is dependent on Bitcoin's success or failure. For example, most altcoins face volatility when Bitcoin begins to drop. Bitcoin fell more than 80% from 2013 to 2015 and again from 2017 to 2018. This is now the 10th time since 2017 that Bitcoin has fallen 30% or more from an all-time high. Dogecoin (CCC: DOGE-USD) is down more than 12% today. So why is a crypto crash taking place today?

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We're still a long way away from the all-time highs, granted, but only in crypto land can a 190% move

In South Korea, Reuters reports that a law passed in March will require cryptocurrency exchanges to "partner with banks" and obtain a "security certificate" from the government if they want to keep Another major reason why the cryptocurrency is going down is the announcement Elon Musk made. Although protecting Chinas economic growth is a primary concern of Beijing analysts believe the deeper reason the government carried out the sudden crackdown on Bitcoin is that cryptocurrency.

Virtually every cryptocurrency fell after the industry group's statement. Bitcoin slumped to $30,202 before recovering to $38,038, down 12% on

The flagship cryptocurrency fell to more than three-month lows on Wednesday, dropping to about $30,000 at one point. ... The small cap Russell 2000 is down 5.6% over the same period. Https://i.ytimg.com/vi/aS9cmnqxUVc/hqdefault.jpg Cryptocurrency News Today | Why Crypto Market Is Going Down | Delhi Hight Court Notice To SEBI Hi I am Deepak Kumar Overall, cryptocurrency traders are just dealing with bad news today. That's enough to drop the price of crypto for now, but it's likely not enough to keep it down in the long run.

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Why is Cryptocurrency Going Down. Note: so this is possible reason why crypto's are going down and mentioned report taken from different sources. Related Posts. Top 5 Reasons Why You Should HODL Cryptocurrency Investment? Can Dogecoin Reach $1, $10, $100, $1000 USD. Under Valued Altcoins with Potential.

Cryptocurrency Bitcoin news today Why crypto market is down today hindi Why crypto market is going down today. Why cryptocurrency is going down now? Rumors about the bankruptcy of the main cryptocurrency exchanges, the negative mood of the US government and the prohibitions on advertising coins by large social networks such as Facebook, led to the collapse of Bitcoin.