Ethereum price crash

in cryptocurrency •  7 years ago 

Hay there

Here a quick explanation of the possible cause of todays ethereium price crash.

7th December 2017

China has now fully enforced there ban on ICO'S.
ICO'S Use the ethereium block chain to so fund and support.

With the the population and the use of icons in chine it has taken a knock on effect to the price of ETH.

With this occurring it has cause a mass selling of ETH causing the price to fall.


This was or could have been annticapated.

Thanks for reading :D

cryptocurrency money life
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    1 vote
    0
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!