What is causing the depreciation of Bitcoin and what you as an investor should know

in LeoFinance2 years ago

Governments are wary of how to regulate the cryptocurrency market.

The magnitude of the changes in a given digital asset market often causes significant fluctuations in prices that may result in significant gains or losses.

Cryptocurrency has depreciated substantially, more than 54% since December 2017 and has steadily increased over the course of 2018 already by 74%.

Cryptocurrency, also known as virtual currencies or digital currency, is a type of currency that only exists digitally and has no physical form. It is a general term that describes any type of currency whose value is not intended to fluctuate by the side of world market and whose supply can be restricted.

In the last few years, cryptocurrencies have generated much interest as a potential future global currency, but they are not yet universal and they do not directly affect the financial institutions in your world economy.

Introduction: With up-to-date information in regard to investment news markets trends, such as: crypto market overview, history and mobility for crypto currencies like bonds stocks and crypto

People have acquired Bitcoin futures, investing hard cash in a crypto where the value of their investment changes with age. Well, it is an idea that has spurred massive speculative demand and shaken profits on stocks and bonds.

In mid-June 2018 Bitcoin futures were being traded at prices around US$20,000; as of October 18th the price can be estimated at

US$6500 (Bitcoin's current market g value comprises US$102 billion). The rest of the crypto market is also experiencing a devaluation

I strongly believe Bitcoin will gain it's ground In the future yet to come because as we know Bitcoin won't go away it's here to stay.

What are your thoughts