Continuously sloping, standing in danger of collapse

Bitcoin prices today are trading around the $ 7,492 / Bitcoin threshold - down about $ 100 compared to yesterday.

Specifically, Bitcoin opened at $ 7,578, the highest intraday price was $ 7,649, the lowest was $ 7,344, the market capitalization was $ 128 billion and the supply was $ 17,054,275. , according to the Legal Life.

As such, Bitcoin has not been able to bounce back and is continuously falling so investors are not disappointed.

Not only Bitcoin, but also other major digital currencies, were down for a while as the value of copper fell 5.32% to 584 dollars, while copper dropped 4.74% to $ 0.625.

According to CCN, if Bitcoin prices fall below 7,700, it is likely that it will stabilize at $ 7,300 in the short term and the possibility of falling to $ 7,000 is inevitable.

"The MAS contends that ICO issuers have violated the Securities and Futures Trading Act (SFA) due to the token representing equity ownership in a company, so it will be considered as SFA securities. "MAS said.

"The number of virtual currency exchanges and virtual currency releases in Singapore has been increasing," said Lee Boon Ngiap, executive director at MAS, in a statement to the press. We do not see the need to limit if they are truly operating businesses. "