Infographic: the year of the crypto crash – 2018
“In 2018, cryptocurrency prices went from all-time highs to catastrophic lows. Bitcoin started the year out above $20,000, then collapsed to $3,200 before year’s end. There are dozens of reasons why this is the case, but a few of the most important were the Facebook, Twitter, and Google cryptocurrency ad ban, as well as the SEC clamping down on ICOs and crypto scams.”
Thanks to InsideBitcoins, this infographic will explain more about the year of the crypto crash.
One must wonder if there’s any point to cryptocurrency anymore… The underlying distributed ledger technology obviously has many positive implications but I don’t see a disruption of FIAT currency happening any time soon…