Bitcoin has remained unable to get out of the pit for a few months. Having fallen from an unimaginable height, as it seems now, - almost 21 thousand dollars - to 7 thousand dollars, the first digital currency has not shown any record growth by now. Along with bitcoin, other virtual currencies are also falling. Another attack on the cryptocurrency market was the announcement of the management of Google. The world's largest search engine intends to completely prohibit advertising of any cryptocurrency, as well as ICO. By its decision, Google supported another industry giant, Facebook.
As we all remember, that the world's leading social network has imposed a similar ban earlier. Twitter is going to be the next which steps upon an advertising warpath, and according to rumors, is also preparing for a ban. Not only the creators of cryptocurrencies and initiators of ICO, but also exchangers offering operations with virtual money will be included into the black list of advertisers. Along with bitcoin, the rates of other cryptocurrencies are dipping. Thus, ethereum dropped to $500, having lost 10 percent since March 17. Ripple has dropped in price by 11 percent to 60 cents for a day.
