BitConnect, a once-promising crypto entity, has lost nearly 90 of its value, as its price has fallen to $26.
At a time in which the cryptocurrency ecosystem endures a significant correction as bitcoin dips below the $10,000 mark, Portuguese consumer protection association DECO wants the government to tax cryptocurrency investors.
The dominance index of bitcoin, which calculates the dominance of the cryptocurrency over the global market, has increased over the past 48 hours amidst one of the worst corrections the market has experienced since June 2017.
BitConnect Token Loses 90% Amid Exchange Closure Announcement
Portuguese Consumer Watchdog Wants Bitcoin Investors Taxed
Cryptocurrency Adopters Turn to Bitcoin during Market Downturn