After reaching a gigantic height, the crypto-market was experiencing a stall, which lost nearly $ 500 billion in value.
Crypto-number one, bitkoin, totaled about $ 200 billion of market capitalization, according to data from the crypto-file CoinMarketCap.com.
This kind of event is far from the expected forecast for 2018, and especially after the excellent results in 2017, when in mid-December the value of one battle was about $ 20,000, an incredible increase of more than 1,900 percent over the results of December 31, 2016.
Now, the value of one battle goes in the opposite direction and amounts to just under $ 8,000.
Here are some of the activities that have adversely affected the battlefield and crypto market:
Facebook forbids ads: Social media giant Facebook said on Tuesday that it will ban crypto-ads on its platform.
India Turned Back to Cryptoworks: Indian Finance Minister Arun Jaitley said in his budget speech that the home government will take "all measures" to remove the role of digital currencies in "financing illegitimate activities or part of the payment system".
Concerns about Bitfinex and Tether: The Futures Trade Commission has highlighted concerns about companies after criticism by the critics to question the accuracy of the claims that each tether is supported by the actual financial reserves of banks.
Cracking Hacking: Japanese Stock Exchange Coincheck Inc. recently announced that it plans to spend up to $ 426 million in order to recover a portion of customers who retreated after theft of tokens worth 530 million dollars.
5). Inherent volatility: Bitcoin is naturally unstable, but this instability escalated in early 2018, after the Asian and US authorities showed a strong need to regulate the cryptal market.