19+ Why Bitcoin Is Down Images. Some investors are saying bye to bitcoin, which is causing the cryptocurrency's price to crash. Heres why bitcoins price has been going down:
Bitcoin was created following the 2008 financial crisis by an unknown individual or group working under the pseudonym of satoshi nakamoto, who—alarmed read more: Bitcoin's fall comes during the same week that investors tried to drive up the price of dogecoin, declaring april 20 (also known as weed day) dogeday. Dogecoin is down by 11.8% today at $0.2287 (£0.16), while ether has plummeted 12%, falling below $2,000 (£1,441) for.
Home bitcoin news why is bitcoin going down?
Meanwhile, other digital currencies such as ether, which acts as the fuel for the ethereum blockchain network, and dogecoin lost as much as 22% and 24% respectively. A high concentration of mining activity in one country threatens the. It is not clear what exactly caused this big dip in the cryptocurrency market. Why investors are bailing on bitcoin.