The Year of the Crypto Crash: 2018
(In-Depth Infographic)
Recently, Insidebitcoins has released an in-depth infographic called “The Year of the Crypto Crash: 2018”. The company overviews previous year and reflects all the most important cryptocurrency events.
If you are still ‘in the game’ during the 2019 bearmarket you probably know that in 2018 cryptocurrency prices went from all-time highs to catastrophic lows. Bitcoin started the year out above $20,000, then collapsed to $3,200 before year’s end. There are dozens of reasons why this is the case, but a few of the most important were the Facebook, Twitter, and Google cryptocurrency ad ban, as well as the SEC clamping down on ICOs and crypto scams.
South Korean crypto exchange UpBit was raided by authorities, and other international exchanges were hacked. Meanwhile, China imposed even more draconian restrictions on domestic crypto businesses. In response to these and other events, cryptocurrency prices fell and fell and fell.
Will 2019 be the biggest year for crypto?
https://www.cryptovibes.com/crypto-news/the-year-of-the-crypto-crash-2018-in-depth-infographic/