Bitcoin and its slow slide has surprised cryptocurrency experts, who – although familiar with price volatility – are not so comfortable with a steady, rather lifeless price fall.
Jordan Hiscott, chief trader at Ayondo Markets, told Express.co.uk the “halcyon days” when bitcoin gained $1,000 in a day “now seem long gone”.
Bitcoin price fell seven percent on Monday, to below $8,000, after Twitter announced it would ban advertising for cryptocurrency products, following Google and Facebook’s own crackdown that aims to protect investors from fraud.
Bitcoin is down more than 42 percent year-to-date after starting 2018 above $13,000.
