Recent Bitcoin Crash! Is Bitcoin going to zero really
Bitcoin has been on a rollercoaster ride over the past few years, and things have only gotten more volatile in recent months. One of the biggest factors affecting the price of Bitcoin is government regulation. In particular, the European Union has been taking a hard stance on Bitcoin and other cryptocurrencies.
Just last month, the EU released a set of regulations that were designed to crack down on Bitcoin and other digital currencies. The regulations prohibit the use of Bitcoin for certain purposes, such as funding terrorism or money laundering.
These regulations have caused the price of Bitcoin to plummet, and it's likely that the EU will continue to put pressure on Bitcoin in the months and years to come.
It's no secret that the European Union has been cracking down on bitcoin and other cryptocurrencies in recent years. Their stringent regulations have made it difficult for crypto exchanges to operate in the EU, and have even caused some to leave the market entirely.
But despite all of this, bitcoin has thrived in spite of the EU's attempts to regulate it. In fact, it doesn't look like the EU's regulations are going to have any impact on the bitcoin market in the long run.