For the umpteenth time, Bitcoin was declared dead this week while the cryptocurrency market was taking a great value. Bitcoin plunged below $ 10,000 while others followed with even bigger drops as panic spread around an exploded bubble.

However, the negative cards took a positive turn. . The cryptography market has generally slowed since Bitcoin reached the $ 20,000 mark, but this recent collapse triggered real fear and panic

Bloodbath across the board

floats all the boats, and conversely, the same thing happens when the tide is empty. In other words, when Bitcoin is up, many parts follow, but as was the case last week, the entire cryptomarket took a hit as Bitcoin paved the way for the loss of value.

The top 10 cryptos, and the most established and well known ones have fallen harder than Bitcoin, leaving nowhere to investors in digital currencies to escape – other than going out.

There was a big money out on the cryptocurrency market. In recent days, the global market capitalization of cryptocurrency has fallen from more than $ 700 billion to $ 400 billion

It was concluded that the fall of Bitcoin went from $ 14,000 to $ 10,000. back in history is relatively normal and expected.

Bitcoin faces three similar drops, if not more in 2017:

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Bouncing back

Although it is not out of the wood yet, the crypto market has definitely seemed a lot more optimistic because the floor seemed to be reached and the green numbers were showing a change.

The reasoning behind the most recent crash may, in large part, be attributed to the confusion that comes from Korea over so-called blueprints. ban cryptocurrencies on the booming Asian market.

The citizens of the country have recently pronounced on these rumors, making known their position with a petition containing 200 000 signatures, asking the government to re

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