Virtual money is in the doldrums

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You've also seen the virtual currency explode as a supernova that jumps to nearly $ 20,000 in December 2017. But like a star, the virtual currency market may now be face with another destructive explosion.
According to a new report from the technology research group, Juniper Research, the virtual currency industry is on the verge of collapse. Based on important market indicators, virtual currencies like slippage are not braking.
"In the first quarter of 2018, e-money transactions totaled $ 1.4 trillion, up from $ 1.7 trillion for the whole of 2017," the report noted. By 2018, transaction value has fallen sharply by 75% to less than $ 355 billion. "
Juniper expects it will drop another 47% of its value in the third quarter of 2018.
Researchers point out that economic events often show signs of growth, but even "trade relations between China and the United States and other issues related to the brethren" do not affect. to the virtual money industry.
Daily Bitcoin trading volume has fallen from nearly 360,000 at the end of 2017 to about 230,000 in September 2018. Daily trading value fell from $ 3.7 billion to under $ 670 million over the same period.
Juniper believes that this is a consequence of market pressures for a variety of reasons: with the ban on initial coin offering (ICO) as well as stricter regulations from companies. credit card and manipulation of prices from trading floors.

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