price crashes: The price crashes on Friday and Monday came after market uncertainty surrounding developments in China, which saw a renewed crackdown on illegal exchanges in the country, according to The Independent. Download the new Indpendent Premium app Sharing the full story, not just the headlines Download now Despite the significant dips. some cryptocurrency experts claimed that it was the perfect time to invest. The world's leading cryptocurrency climbed 600 460 in the space of a few hours to return above 7,000, having briefly fallen to its lowest level since May. Once again the value of bitcoin has plummeted due to the nature of cryptocurrency, this is not the first, nor will it be the last time this occurs, Peter Wood, CEO of online trading platform Coin Burp, told The Independent. Created with Sketch. However, new-time investors can be comforted by the fact that its value will most likely rise again, and newcomers to cryptocurrency should see no better opportunity that to invest now.
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