Post
Topic
Board Bitcoin Discussion
Re: Bitcoin drops $2,000 in value as South Korea announces planned trading ban
by
BitcoinHodler
on 11/01/2018, 12:18:22 UTC
The value of bitcoin plunged 13.5% in the early hours of Thursday after news hit that South Korea is planning to ban cryptocurrency trading.

the same news came out last year and by that time the drop that happened was was about 30%.
considering how many FUD is around these days and how people are still staying away from bitcoin because of all the bubble FUD, i say 10-12% drop is a great achievement for bitcoin.