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Bitcoin Plunge to $50,000: Factors responsible & What to expect in coming weeks.

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                The past 3 weeks for Cryptocurrency traders and investors have been a roller coaster Ride, with the carriage on a continuous descent and hearts threatening to leap out of chests. Last week saw Bitcoin traded for as low as $50,500 on cryptocurrency-exchange Bityard, this price follows a continuous dip in the price of Bitcoin from an all time high of $61,000, this is a 17% drop in value. This price dip wasn't expected and was as a result of certain external factors whose cumulated effect led to the drop Factors Responsible • The first significant price slippage occured on the 15th March after the Indian Government announced a plan to ban/regulate cryptocurrency in the country. This resulted in a selling frenzy, with many Cryptocurrency investors and traders in India rushing to convert there Bitcoin to cash, wish resulted in a selling cascade involving investors from different countries. This dropped the price of Bitcoin fro...
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  Bitcoin vs Ethereum: Which is a better investment?             The cryptocurrency network is now worth more than Canada's GDP. With a current market capitalization of around $1.8 trillion, it surpasses Canada's GDP of $1.6trillion dollars, by about $200billion. That is to say if the cryptocurrency market was a country, it might have a shot at being a member of the G7, wouldn't that be a sight? At the zenith of this towering empire lie Bitcoin and Ethereum, these two digital assets make up $1.3 trillion of the total $1.7trillion of the cryptocurrency market. These two coins rank 1 st and 2 nd in popularity and value. This position makes these two tokens a healthy and safe investment.   But lots of investors are usually undecided on which asset to invest in and how to invest. To help you make a decision we will explore both tokens, give our pick after a proper analysis and recommend investment options. Bitcoin     ...
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