Bitcoin and other cryptocurrencies have weakened on Monday.
The major digital coin hiked to some $7,754 on Sunday, June 3, but then dropped to $7,500 today. For now, the coin was priced on the Bitfinex at some $7,494, followed by Ethereum changing hands on this platform at $586.5 (some 3% down). On the Poloniex, Ripple was decreased to some 0.64524. Litecoin price dropped to $118.98.
Last month, the cryptocurrencies mostly weakened affected by the US Justice Department initiated an investigation into traders' price manipulation in the crypto market.
According to the news reports, the experts became concerned by the announcement that Microsoft considered GitHub, hosting for IT-projects and development service. Specifically, many crypto projects use GitHub hosting for joint development or code studying and revision.Users of GitHub are said to be depressed by this news, as they are not sure what Microsoft can have on the decentralized blockchain community.
Meanwhile, the new crypto exchange has appeared in Europe – licensed and regulated Gibraltar Blockchain Exchange (GBE) and can become one of the first crypto trading platforms regulated by the European stock exchange.