Bitcoin drops below $8,000. Why are cryptocurrency prices falling?
Short answer: They have no reason not to. Long answer: Margin hunting and unmet expectations.
Consensus New York is widely regarded as the biggest cryptocurrency conference around, and in previous years it’s been clearly associated with rising prices. But the bounce didn’t eventuate this year. On the contrary, prices dropped throughout.
To Read Further:
Mt. Gox Meeting Notes from March 17, 2018
Stay up to date on all announcements and press releases about Mt. Gox Bankruptcy proceedings.