Why bitcoin is dumping countinuously

The earliest and most well-known cryptocurrency in the world, Bitcoin, has had ups and downs. Prices have been declining for more than a year, and the market is currently in a long-term bear trend. What is going on? Many blame the Mt. Gox attack, while others point the finger at the fact that bitcoin has just become too expensive for most people to invest in. In this article, we examine the causes of bitcoin's ongoing price drops and speculate on what they might signify for cryptocurrencies in general.

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