Bitcoin plummets

in bitcoin •  7 years ago 

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The price of Bitcoin has plummeted by more than 9% after it emerged that South Korea is preparing a bill to ban the trade of virtual currencies in the country. Other cryptocurrency prices, including Ethereum and Ripple, have also dived following the news.
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Ethereum, the second-largest cryptocurrency by market cap, saw its price drop by 5%. Ripple, the third-largest, was down 15 percent, according to Coindesk.

Read more at http://www.trustedreviews.com/news/bitcoin-price-latest-cryptocurrency-ban-ethereum-ripple-litecoin-south-korea-3370442#p1TeLWMy7cDWy8x9.99

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South Korea is not banning ...if anyone should ban I suspect the rocket man shooting down cryptos that are almost to the moon lol