Throughout January this year has been a difficult time for most investors who play in Bitcoin digital currency.
In early January 2018, 1 BTC has a value of nearly USD 15,000 (Rp 201 million). Then, at the end of the month, the value of one of the largest cryptocurreny was even fell in the range of USD 8.810 (Rp 118 million).
Although it had recovered to be at USD 10,142 (Rp 136 million), but bad luck Bitcoin still continues until early February. Digital currency was once again experienced a slump that forced 1 BTC worth USD 8.568 (Rp 115.1 million).
The number was the worst since November 25, 2017, which at that time Bitcoin had touched USD 8.561 (Rp 115 million). Now, Bitcoin's own value is in the range of 8,900 (Rp 119 million), based on data from CoinDesk.
The decline in Bitcoin prices is expected to be caused by a new regulation applied by the South Korean government related to the ban of cryptocurrency in the Ginseng Country.
However, South Korean Finance Minister Kim Dong-yeon denied this by saying that the local government only regulates its trade.
Not only South Korea, the Philippines and Japan have recently been known to pursue a policy to tighten the rules of the main crypt.
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