30% PLUNGE: Crypto Market Responds to S.Korea News
Almost as soon as it was announced that S. Korea was imposing new stricter regulations on Cryptocurrencies - the market responded swiftly. Just previously coming off of all time highs of over $20,000 for Bitcoin - the market was looking for support in the $16,000 range when the news from S. Korea plunged the market by as much as 30% down to under $11,000 before rising back up to $13,900 where it is struggling to find new support.
Read more about it here at the Independent:
Bitcoin price latest: Cryptocurrency value drops after South Korea announces fresh regulation
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Hey bitconsulting - thanks for your ongoing support - if you get a moment can you please check out my new contest called Block'Em Sockem'Em Crypto Cage Match - I'm trying to drum up some interest in it and am giving away some free SBD just for guessing which cyrpto will do better by the end of the week... I'm paying out a portion of whatever the post earns...thanks in advance
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