Cryptocurrencies plunge as South Korea keeps ban threats alive

More fun and games in your favourite made-out-of-nothing asset.

Soth Korea’s YOnhap news agency reported that Finance minister Dong-yeon had told a local radio station that the government would be putting together a set of measures to clamp down on the “irrational” cryptocurrency craze, including banning all crypto exchanges. The news obviously went down well in the crypto-world.

  • BTC (coinbase) falls 18%
  • BTC futures -18%
  • Ripple -33%
  • Ethereum – 23%

All good fun if you’re short.

BTC weekly

BTC weekly

Ryan Littlestone

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