Experts in the field of cryptocurrency are predicting a rapid fall in the value of Bitcoin. The popular cryptocurrency has been decreasing in value in recent days, despite its recent high of almost $19,000 on December 18, 2017.

A decrease in the cryptocurrency's value has predominantly been blamed on the rise of other popular cryptocurrencies on the market. While the majority of cryptocurrency commentators predict that this increase in the use of other rising stars in the field of cryptocurrency will not be the ultimate death of Bitcoin, many experts predict that its value will continue to decrease as a result.

In addition to the rise of the use of other newer cryptocurrencies, commentators have also noted the destructive impact that the rush of government bodies to regulate crypto has had on Bitcoin's market value.

The governments of both China and South Korea recently announced plans to attempt to regulate cryptocurrency and crypto trading. While the announcement to regulate cryptocurrency made by Korean Justice Minister, Park Sang-ki, was later discredited by the South Korean government, who affirmed that there were no official plans to regulate cryptocurrency in the near future, the statement's impact on Bitcoin's market value was notable.

As Bitcoin and cryptocurrency continue to gain momentum, it is predicted that more governments around the world will seek to regulate it, which will further impact value.