CoinMarketCap excluded some Korean exchanges in price calculations due to the extreme divergence in prices from the rest of the world & limited arbitrage opportunity. They are working on better tools to provide users with the averages that are most relevant to them.
I gave you some lovin! How 'bout you give me some too?
CoinMarketCap excluded some Korean exchanges in price calculations due to the extreme divergence in prices from the rest of the world & limited arbitrage opportunity. They are working on better tools to provide users with the averages that are most relevant to them.
That is true. But I thought that Korea going out of the market made the first dip. Thia one is couse of the minister of Korea as I understood.
The fall is from 2 things: Local South Korean crypto exchanges were raided by police and tax officials
AND
The South Korean Justice Minister apparently said he's planning to ban cryptocurrency trading.
But I thought that these events made the first dump in market? Thanks for the answer. Helps to think about it a bit more clearly!
The first dump was because Coinmarketcap removed some South Korean exchanges with diverging prices. Also to do with South Korea, but different events.