The entire year 2018 appears to be having all the misfortune for the cryptocurrencies. After facing a significant blow in Feb where Bitcoin's price fell below $6500, the cryptocurrency has just lately detected another major drop in its value where its price has already reached $6,795.
This drop in value markings a decrease of practically 29% for the week and 50% percent for the entire year up to now. Keeping because that Bitcoin's value was achieving the sky-high levels in 2017 with over 1400 percent raise, the slump this season is dubbed as its biggest quarterly decrease since 2011.