The Bitcoin and the rest of cryptocurrencies fall with force after prohibiting them Google in their publicity

Bitcoin and the rest of the cryptocurrencies did not sit well with Google's decision to ban all advertising related to them and the ICOs from next June. After the decision announced yesterday, the value of all the cryptocurrencies has fallen back with force just when they were beginning to recover from the last falls.

At this time, if we look at indexes such as CoinMarketCap we will see that the value of Bitcoin has fallen by 13.45% with respect to yesterday, and its value already drops below 8,000 dollars. In the rest of the cryptocurrencies most used according to this index, the drop is even more pronounced, with decreases of 14.72%, 16.58% and 14.25% for the Ethereum, Ripple and Bitcoin Cash.

As usually happens, the most logical thing is that in the next few days the value of cryptocurrencies starts to grow again. But what is clear is that, with so many ups and downs, it does not seem easy for them to find a short-term stability that makes them grow back to the levels they had at the beginning of the year. Even so, we will have to wait and see what happens in the medium and long term.

It should also be remembered that Google is not the only one that is charging against this type of technology. At the end of January it had been Facebook who also decided to ban ads related to cryptocurrencies and initial offers of currencies ("initial coin offerings" or ICOs) in all its services. In addition, celebrities such as Bill Gates are also criticizing it strongly, and some governments are threatening to ban them.