For quite some time now the market is very depended to the news that are announced towards Bitcoin’s Regulation especially from China as the officials have been the first to take action against ICO (Initial Coin Offerings). That was followed with Bitcoin-to-fiat exchanged being terminated and now words are flying around that BTC mining and mining pools will be shut down. While digital currency token prices are very linked to speculation, the first moment news comes form GOV decision they are either hoisted up or tanked to the bottom. Bitcoin’s price dropped slowly from $5,000 to $4,000 and then finally below $3,000.
Full article here: http://ethereumworldnews.com/ethereum-taking-crypto-future-bitcoin-struggles-regulatory/