Recently bitcoins plunged even lower than what it was before because of the statement made by south Korean prime minister about banning trading of virtual cryptocurrencies through exchanges
Etherum and Bitcoins are majorly controlled by countries like south Korea and now since they are gonna ban it the effects it would have on currencies would be detrimental
Would it recover ? Because it's simply bigger than China also countries like India are also thinking of putting a ban!
yes it looks like south korea has a slight loss in trading cryptocurrency and different from china, china has a lot of miners or miner tool to produce bitcoin and not afraid of what price will happen up or down they are not afraid, if korea like china which have many miner tool definitely south korea still legalize bitcoin.