Bitcoin prices fell to $ 7,300 last week. It seems that the price of the King of Kings. Cryptocurrency It has risen to 7.36% this morning. From $ 7,240 to $ 8,467, there are many factors.
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G20
Many analysts expect that the rise in Bitcoin prices is due to the recent G20 summit in Buenos Aires, by the Financial Stability Board (FSB), a global financial and banking group. That law Cryptocurrency Currently, it is still being used. And there will be no further legislation.
The FSB has reportedly referred to Mr Mark Carney or Governor of the Bank of England.
"The FSB has said that Crypto-Asset is no threat to financial security at this time. And the market is growing fast. However, this statement may change in the future if the Crypto-Asset is used more widely. Or is it related to the heart of the financial system?
Earlier, some analysts believed that the preparations for the G20 had contributed to the fall in the price of the cricket market. Investors expect that the FSB of the G20 may issue clearance orders. Cryptocurrency and Legislation
However, the government has decided to regulate the market. It is already strict in the United States and Japan, and will follow the leading market surveillance roadmap. Cryptocurrency To facilitate the rapidly growing demand for new types of assets.
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By 2018, Bitcoin, Ethereum, and other Cryptocurrency are evolving remarkably with the emerging Blockchain technology. Cryptocurrency It does not show the importance of the development happening. Because speculators and those who are weak in holding Crypto in the price range it falls. Not interested in this technology. But interest in the short term rather than.