Is Bitcoin losing its market power?
Chee Jo-Ey | 08 Nov 2019 00:30
Bitcoin is now accepted and being used as a form of payment by many big companies and there will be increased adoption due to the currency being accepted as a form of payment.
However, the top cryptocurrency fell to US$7,456.59 (RM30,912.03) on Oct 24, its lowest since closing at its one-year high of US$12,733.71 on June 26, 2019.
Understandably, investor sentiment on the cryptocurrency market is also low currently although prices inched up to US$9,357.06 on Nov 5.
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