Over $100 billion wiped off global cryptocurrency market following talk of South Korea trading ban

Over $100 billion wiped off global cryptocurrency market following talk of South Korea trading ban

6 years ago
Anonymous $1bh8zaeyQS

https://www.cnbc.com/2018/01/11/bitcoin-ripple-ethereum-prices-fall-after-south-korea-trading-ban-talk.html

Major cryptocurrencies including bitcoin, ripple and ethereum took a hammering Thursday following the news that South Korea could be preparing to ban trading in digital coins.

At 7:25 a.m. London time, bitcoin was down nearly 6 percent, while ethereum fell over 11 percent and ripple took a 9 percent tumble, versus their price a day ago, according to data from Coinmarketcap.com. Many of those coins began to pare losses later in the morning. Ripple was up nearly a tenth of a percent by 8:10 a.m. London time.