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At Abitcoin, we help users and enthusiasts to learn and understand various aspects of cryptocurrency. This slide deals with cryptocurrency price today and factors that influence it.
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Cryptocurrencies and Government Regulation Factor influencing Cryptocurrency Price Today
What are Cryptocurrencies ? • Digital currencies • Blockchain based • Decentralised • No Government backing • Unregulated Cryptocurrency price today changes in real time
Regulatory Status Banned - • China • Indonesia • Bolivia • Turkey • Egypt • Russia
Regulatory status Allowed: • El Salvador • USA • Canada • European Union • South Korea • United Kingdom
Regulation and Cryptocurrency price today • Demand side: • Low retail participation • Corporate hesitancy • Limited crypto exchange • Supply side: • Less ICO
Curious case of Bitcoin price today • Chinese efforts to ban Bitcoin • Secular trend in price rise • Decentralised nature of Bitcoin • Immune to government regulation
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