Bad News From India Makes Bitcoin Price Fall
Bitcoin exchanges in India suffer bad times as the biggest national Banks of the country have frozen their accounts. The news led to turmoil in the domestic market as well as bringing the price of bitcoin down.
Bad News from Asia Leads Cryptocurrency Prices to Fall Dramatically
January 16, 2018, most of the cryptocurrencies faced massive falls due to negative news from Asia. Following South Korea’s decision to ban cryptocurrency trading, China's central bank expressed its plans to block all local and offshore, individuals and businesses that provide centralized cryptocurrency exchange-like services.
Bitcoin Price Stabilizes as Cryptocurrency Market Cap Tops $600 Billion
The futures markets are in full swing and price action on the Bitcoin trade has garnered a tremendous amount of activity over the past few weeks. The transaction memory pool has become filled with outstanding transactions to confirm. The average amount of transactions per block is close to an all time high. Bitcoins market dominance has dropped from a recent high on December 7th of 64% to now treading above 50% as the altcoin market has exploded this past week.