Hard times for cryptocurrencies – Forex Broker News and Reviews

2018 has been a very long year for all of us, but so much more so for those involved in the Cryptomarket.

It all started out with a glorious 2017, where Bitcoin, at its highest, was worth around 19000 dollars. This was at the end of the year, December 2019. Since then Bitcoin has been seemingly going through a steady decrease. Throughout the year we had been promised, non-stop, that everything would be fine. Bitcoin experts gave us the idea that the currency would never go down below $6000. That we had reached the floor and the only way to go was up.

One of the worst months for crypto

And then November came.

With the month ending last Friday, we saw one of the worst closing days in the history of the currency. Currently, bitcoin sits at about $4000, a slight hike from the closing day of $3800. Whether this is a temporary stop on the path downward or the prophesized price floor, we cannot be entirely sure. Another unfortunate observation is that this same…