The financial surprise of 2017 has started the new year with a very bad footing. Bitcoin, the virtual currency that has risen steeply in recent months, is falling after falling and is already under the barrier of $ 10,000. If you compare it with its mid-December value, when it hit highs, it has already lost close to 50% of its value.
MORE INFORMATION
The Nevada brothel that opens the doors to bitcoin
Kodak triples its value after joining the crypto-currency car
The bitcoin, between the pitch and the blowout
It is early to anticipate the crash that so many experts have been talking about for some time. But bitcoin accumulates problems. Some arrive from Asia, continent that hosted the cryptocurrency with authentic fervor. Thus, the Government of South Korea, the third country in the world with the highest volume of exchanges in virtual currencies, has warned that it could prohibit the trading of bitcoins. According to a recent survey, one in ten South Koreans has invested in these assets. In China, the authorities have also intensified their reluctance to face the new technology that is based on the blockchain. These doubts are in addition to those already expressed by the regulators on both sides of the Atlantic, including the Spanish.
The decline of bitcoin-it is not clear whether it is transient or profound-has many parents. Silicon Valley experts blame it on the approach of the Chinese New Year, dates in which large masses of people from the Asian country travel to be with their families, so that the needs for cash increase. Regardless of whether these declines mark a future collapse or not, the fall of these days is already the largest ever experienced by the cryptocurrency.