Pressure from the government of China and South Korea is increasing, and this influences the optimism of cryptocurrency fans. Actually, with these two countries cryptocurrency loses a lot, up to 40% of its market.
While China has banned all cryptocurrency connected operations, South Korea government is more loyal. The only thing they want is to force users to provide their identification data when making a transaction in cryptocurrency.
At this time, since one day, bitcoin has already dropped for 15%. The situation of other cryptocurrencies that are far not so popular is even worse. The drop is on average about 20%-30% percent, and it looks like it is going to continue. There is no perspective that governments will change their mind.