In fact, when there are bad news for the market it shows how volatile bitcoin is and dropping as quick as it can. And that's very usual for bitcoin because it's the true nature of it.
By being volatile, you get to have the profitability on it and despite it's high risk and we knew it, we're still holding it because it's very rewarding.
Indeed. Moreover, "
bad news" often arrive exactly from regulatory bodies of different countries. The Bitcoin ban or extremely high taxes suddenly imposed on trading activities usually have a negative impact on the BTC price. But fortunately, these hostile actions are not so perceptible on an international scale.
The regulation of cryptocurrency in various countries is becoming more and more stringent.Regulatory clarity will slow down Bitcoin's volatility
Absolutely
not. Unlike the national stock market, the global cryptocurrency market is not regulated and not backed by one country or government. They cannot stop trading at any time and turn off the switch even if the price of the coin is quickly halved (or doubled). This market has always been volatile and will be manipulated in the future, but there are already many
independent players here.