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Top three reasons Bitcoin price is falling

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Bitcoin’s price has fallen in January due to a number of reasons, but the most recently discussed is the potential for greater regulatory scrutiny. In addition, there are fears that the cryptocurrency market could be nearing its end and that investors will be forced to sell their positions as order books fill up with more sellers than buyers. Finally, some people are speculating that global changes may have something to do with the Bitcoin price dropping. The price of most major cryptocurrencies has fallen over the last few days, with particular losses in the case of Ethereum, Ripple and Litecoin. While there are many factors that can cause the price of Bitcoin to move up or down, there are some things that always seem to be present in day-to-day events.

The New York Times rounded up several of the reasons that people are blaming for the recent price fall, starting with the potential for increased regulation. If Bitcoin becomes more regulated and less of a big deal, then the price goes down. If there are more businesses that accept Bitcoin as a form of payment, then the price goes up. It’s hard to tell what any one regulatory measure would do to Bitcoin price, but if anything is going to decrease value, it will be something internal to the cryptocurrency industry.

  1. The main issues causing the Bitcoin price to drop are the number of sellers and the order books filling up. The full order books are usually a sign that demand is significantly higher than supply, and that’s when prices go up.
  2. Another factor that has led to Bitcoin prices going down lately is the overhyped ICO marketplace. People are taking profits, afraid that they will miss out on a big market move if they wait too long or don’t get into it while they can still get in at a good price.
  3. Bitcoin price drops when there is too much market manipulation. There are a lot of people who want to sell their Bitcoin, but the problem is that people are not buying them. That’s a constant problem for Bitcoin, so if there is a chance that this situation might improve, then it could be the reason that price goes up.

The price of Litecoin also dropped by 0.84% on January 12th. Litecoin is a cryptocurrency that costs less to use and has faster transaction times compared to Bitcoin. With the coin having the lowest transaction fees around, this could play into why the currency may be seeing a decline. Ethereum, Ripple and many other cryptos have also seen their price drop today as well. One of the biggest cryptocurrencies, Bitcoin, is also down against the dollar.

Bitcoin price has been tanking for weeks now

While some people believe that regulation will be the main factor in price, one of the first things that they notice is that there are many sellers on the market. In addition, there are a large number of traders who are selling their Bitcoin rather than buying it. It’s no secret that Bitcoin managed to pull back after falling dangerously low in December. However, in the previous few weeks, the Bitcoin price appears to have plunged into a full-blown crypto crash. Bitcoin is a cryptocurrency that is famous for being highly volatile. Bitcoin price has been in a downtrend for weeks now. With Bitcoin dropping recently, even more, people are speculating that it could be the US Securities and Exchange Commission or another regulatory body that will cause Bitcoin to drop even further. If this happens, there will be a lot of sellers who won’t want to sell at a loss, so they are just going to try their luck on the market until they see some sign of better times ahead.

Why are crypto markets falling?

It’s hard to tell why the price of Bitcoin or other cryptocurrencies is dropping, as it is dependent on a number of different factors. One of the biggest reasons for the Bitcoin price going down could be that there are lots of sellers on the market, and very few people are buying. This can be seen in the order books, which show that each side has a large number of orders. This will make the price drop. Additionally, there is a lot of media attention on Bitcoin, causing the price to fall. This means that a lot of people are interested in buying instead of selling coins. But even if all the attention on Bitcoin causes people to start buying the digital currency, they still have to find a way to buy it. If they haven’t found somewhere to buy it, then they might just sell their Bitcoins and take their money out of the market instead. The only way to get bitcoin oriented queries is through Immediate Edge, so if you’re looking for it then go there.

Conclusion:

We’ve seen a big decrease in the value of most cryptocurrencies over the previous few days, and Bitcoin is no exception. If you have been thinking about buying into the cryptocurrency market, you’ll certainly want to leave a lot of time to learn all you can about it before making a decision like that. There are many people who bought at the high and are now losing money because they don’t know when to sell.

 

 


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