Daniel Korolija

What Are Cryptocurrencies?

How Cryptocurrencies are being influenced by Social Media

Notably, social media and other media outlets can cause the price of Cryptocurrencies to fluctuate, for better or for worse. Bearing in mind, trending news about a large digital currency exchange hack can cause a significant drop in digital currency value. For example, when Hong Kong-based exchange Bitfinex was hacked, Bitcoin’s value dropped 20 percent.