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12-28-2017, 05:51 PM
Bitcoin's price sinks as South Korea bans anonymous crypto trading
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Bitcoin's price is taking a dive again after news broke that South Korea plans to make it harder to trade cryptocurrencies anonymously.*
The price of Bitcoin dropped to $14,081 Thursday morning, down roughly 16 percent from its $16,895 high on Wednesday. The most popular cryptocurrency has since recovered a bit and is currently trading at $14,686 with a $246 billion market cap.*
SEE ALSO: Bitcoin just made the Winklevoss twins billionaires (http://mashable.com/2017/12/04/tyler-cameron-winklevoss-bitcoin-billionaire/)
The drop in price, which pulled back most other cryptocurrencies as well, comes after South Korea government's announcement (https://www.reuters.com/article/uk-southkorea-bitcoin/south-korea-to-impose-new-curbs-on-cryptocurrency-trading-idUSKBN1EM05K) that it will block anonymous trading of cryptocurrencies.* Read more... (http://mashable.com/2017/12/28/bitcoin-south-korea-anonymous-trading/)
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Bitcoin's price is taking a dive again after news broke that South Korea plans to make it harder to trade cryptocurrencies anonymously.*
The price of Bitcoin dropped to $14,081 Thursday morning, down roughly 16 percent from its $16,895 high on Wednesday. The most popular cryptocurrency has since recovered a bit and is currently trading at $14,686 with a $246 billion market cap.*
SEE ALSO: Bitcoin just made the Winklevoss twins billionaires (http://mashable.com/2017/12/04/tyler-cameron-winklevoss-bitcoin-billionaire/)
The drop in price, which pulled back most other cryptocurrencies as well, comes after South Korea government's announcement (https://www.reuters.com/article/uk-southkorea-bitcoin/south-korea-to-impose-new-curbs-on-cryptocurrency-trading-idUSKBN1EM05K) that it will block anonymous trading of cryptocurrencies.* Read more... (http://mashable.com/2017/12/28/bitcoin-south-korea-anonymous-trading/)
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