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The value of the global cryptocurrency trade stood at USD 400B as on Friday.
Yet last week alone in 24 hrs , USD 100 billion was wiped off the cryptocurrency .
Bitcoin hit it lowest since the start of this year . Other altcoins also decline .
This dive was most likely brought about by the tough regulations imposed by several Governments around the World .
China , India and South Korea passed tough regulations to regulate the cryptocurrency trade.
In fact India is planning to ban all cryptocurrency trade .
Japan financial regulators have also raided several cryptocurrency exchange offices .
Most Governments feel that cryptocurrency is being used for money laundering and tax evasion .
These regulations meant to undermine cryptocurrency can make the trade more stronger. Because what can't kill you only makes you stronger.
Is the game just beginning !