NEW YORK (Reuters) - Bitcoin sank on Monday after website CoinMarketCap removed prices from South Korean exchanges from its calculations of digital currency rates without any warning, resulting in a steep drop in all virtual coins they track.
”Every crypto is priced at a 30 percent premium in South Korea,“ said Greg Dwyer, head of business development at cryptocurrency derivatives exchange BitMex. ”By removing that, it looks like the market cap fell by 30 percent and so people rushed to sell because they’re not sure what’s happening.
Perhaps it will be interesting to you.
https://steemit.com/bitcoin/@bot-share/n0-signal-paid-but-very-profitable-channel-telegram-currencies-exchange-signals
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