
Why the Bitcoin Price Is Volatile and Going down?
Valeria_Lera تم نشر 6 حزيران in #Trading #Money #Volatility #Bitcoin #PriceFor sure sometimes it is difficult to predict Bitcoin price, but its volume depends on global international relationship, have been going on in the world, particularly in Asia right now.
Recent volatility is considered to be connected with the major Chinese decision massively to block exchanges, trading operations and ICO already adopted in 2017, which made huge slump and unpredictable negative consequences for the cryptocurrency in the world. Taking into account geopolitical relationship between China and South Korea, including but not limited with Chine’s sanctions towards South Korea, constant sea territorial disputes and final contractual relationships between countries, South Korea decided to follow China in cryptocurrency issues, threatening to ban all cryptocurrency and remove exchanges. It seems to be hugely connected with big investments t…