Bitcoin is having a horrible 2018
Bitcoin is falling again to Earth. It's now below $7,000 Bitcoin is having a horrible 2018. The digital forex has slumped more or less 50% for the reason that start of the year, losing under $7,000 on Friday morning in Asia. Less than four months ago, it was buying and selling near $20,000. The modern losses observe actions to step up regulation of cryptocurrencies in Europe and Asia. In Japan, digital forex exchanges closed down this week amid growing scrutiny over the use of an's economic services watchdog. The trading platforms, Mr. Exchange and Tokyo Gateway, each didn't comfy a license from Japan's Financial Services Agency. The "regulatory clampdown in Japan is a massive negative," stated Stephen Innes, head of Asia-Pacific buying and selling at foreign money dealer Oanda. Trading at forex broking Oanda. Related: What is bitcoin? Japan is one of the countries in which buying and selling in bitcoin and different virtual currencies ...