This has a minimal effect on bitcoins value, a lot of other factors also have effects in the price.
There has been very little real possitive news for the most of 2018.
Is it? I thought 2017 was the highest amount of raised funds through ICOs that may never be repeated again because most ICO developers have already scammed millions of $ from the community. The community is wiser now but also out of BTC and $ to burn lol.
Last year was really more of a joke with huge number of scams and projects that ended up the drain eventually, but this time around, with investors getting wiser each and every day and new ones knowing what they should be doing before investing in ICOs, we have seen solid new projects hitting their soft caps at least.
Okay but lets compare how much money was "poured" in ICOs in 2018 so far. What were the ICOs that got the largest amount of funding and compare that to the ICOs that got the largest amount of funding from 2017.
With that said, there may be more scams this year than 2017.