Which Factors Are Keeping Bitcoin Low in the Digital Currency Market?

PMBC Group’s client, Blocktrade Capital, was featured on TechJuice.

Bitcoin is one of the biggest cryptocurrency of the digital world. The idea of the cryptocurrency was put forward in 2008 and it hit the market in 2009 with a value of $0. Initially, it was not traded for exchanges and the first trade happened in 2010 when its value was only $0.35.

CEO and Founder of Blocktrade Capital, Ben Marks believes that the enormous growth of ICO projects has not translated to any market-wide growth and has caused the market to lose value.

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