Last year Bitcoin rocketed 1300% of its value. However in 2018 it has lost almost 40% of its value. The regulator of South Korea took the control of three cyrptocurrency exchanges in the country according to Yonhap. Now, South Korea has been examining its cyrpto currency exchanges that hit with huge tax amounts to control potential risks.
Moreover, France and Germany have also said that they will make proposals for the cyrptocurrency market. This may take the price of cyrptocurrencies to the lower than nowadays.