Bitcoin sinking on concerns over Chinese cryptocurrency crackdown

On Friday, the world's most popular cryptcurridge is trading $ 3,686, which is less than 25 percent of the record high of $ 5000 earlier this month. However, the current prices are still higher compared to the previous sales movement, when the cost of cryptocovers has fallen below $ 1,000 to $ 3,000. Bitcoin is still more than 400 percent this year

Bitcoin anti-opposition Atormum plunged over $ 263 in seven percent The Global Bitcoin exchange market is now rearranging, and most commercial vehicles have been shifted from China to Japan and South Korea. According to Bitcoin Market Data Provider Crito Condière, Comparison of Japan's almost 50 percent market share in Kripta

Bitcoin enthusiasts say that the difficulties in the digital currency will be overcome.
After the ban, the Chinese bitcoin foreign exchange is less than five percent of global bitcoin trade. In four weeks, no business activities will be visible to Chinese exchanges.

Now is the future of another hurricane system. After splitting in August, it can see another split in November. As cryptoncurrency has been decentralized, there is no organizing body to choose a system to update system, and there are controversial ideas about how to do it.