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The price of a bitcoin just plummeted by over $1,300, as losses are seen across the wider cryptocurrency market.
Bitcoin price dropped as much as 18% on Tuesday to a four-week low, as worries about a regulatory crackdown on the market spread after reports suggested it was still possible that South Korea could ban trading in cryptocurrencies.
Bitcoin’s value Dropped yesterday to $11,300—the lowest level the cryptocurrency has seen in 2018. Bitcoin’s value is down more than 20 percent over the last 24 hours, and down 42 percent from December’s all-time high of around $19,500. Bitcoin’s fall was part of a broader crypto-currency
Bitcoin is a cryptocurrency that was created in 2009 by an anonymous person using the alias Satoshi Nakamoto. Bitcoin Transactions are made with no 3rd party.