Today ends a week of falls for the cryptoactive market. After Google's advertising regulations for ICOs and cryptocurrencies increased, the overall capitalization began to decline until it reached 329 trillion dollars at the time of writing.
In the following graph of CoinMarketCap, you can see in detail the bearish movement of the last week in the whole ecosystem.
As for Bitcoin, the story is similar, the first cryptoactive had a decadent performance throughout the week, and at the time of writing this article has a value per unit of 8,428 USD.
After having passed the $ 11,000 mark in previous weeks, many investors thought that it would be time for BTC to start climbing new brands, but as we have repeatedly said, the ecosystem is susceptible to many factors, and one of them is the regulation.
With Ethereum, Ripple, Dash and Bitcoin Cash the same thing has happened, when regulations cover all cryptocurrencies equally, as was the case with Google, the entire market is affected. Next we have a table of CoinMarketCap of the movements of the first 10 assets in the last 24 hours.
Under this general graph of daily volume we can see that there are different behaviors between each digital currency, but if the detailed graphs of each asset are reviewed during the last 7 days, the result concludes in a general decrease.
You can see all these movements in detail on the official site of CoinMarketCap.
The issue with the regulations is that they affect investor confidence in each asset, and this is the main support of the cryptocurrency ecosystem since there is no centralized entity in charge of everything. When massive sales are generated, the value of each asset falls, and the reason for these nervous sales is simply fear of losing money.