Bitcoin Suffers Major Drop Amid Concerns in China and South Korea

Bitcoin Suffers Major Drop Amid Concerns in China and South Korea. The bitcoin has fallen to its lowest value in the last six months following recent worries amid what authorities in South Korea and China could be doing with this and other cryptocurrencies in mind. The bitcoin fell below the $12,000 mark on Tuesday. The currency was closer to $14,000 a day earlier. The drop marks the lowest that the bitcoin has been at since the start of December. This is also close to half the peak value of the currency. It reached close to the $20,000 mark during the … Continue reading Bitcoin Suffers Major Drop Amid Concerns in China and South Korea