collapse - the second - of the currency - the composition - 24 - hour)

in bitcoin •  7 years ago 

The currency has continued its sharp losses in the past 24 hours, falling more than 7 percent earlier in the day, amid concerns that regulators might tighten their grip on them.


And led to the formation of a wave of decline in digital currencies after reports that South Korea and China may prohibit currency trading, raising concerns that regulators launched a broader campaign on the currency.


The value of the petrochemicals rose remarkably in 2017, not worth more than $ 920 in January 2017, but in mid-December it reached more than $ 20,000.


A digital currency system was created in 2009 and is not controlled by any central bank. The digital currency has seen a tenfold increase in value.


Central bankers warn of unpredictability of the formative moves, and indicators that they are a "bubble origin" can collapse in value.

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