Bitcoin slides 18 percent on crackdown fears....

in #steemit7 years ago

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Bitcoin tumbled 18 percent on Tuesday to a four-week trough close to $11,000, after reports that a ban on trading of cryptocurrencies in South Korea was still an option drove fears grew of a wider regulatory crackdown.

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Nah, it's the Chinese New Year shopping sprea.
We'll know the bottom is reached when there are no positive news at all, only negative