The crypto-currency market remains under pressure of trade toughening

Most of the world’s major crypto-currencies demonstrate negative dynamics during Thursday amid continued fears over further tightening of trade in crypto-currencies, which is aimed at protecting investors. Representatives of two local currency exchanges were detained in South Korea. One of the detainees was the head of the Coinnest exchange, Kim Ik Hwan, on suspicion of fraud and misappropriation of clients’ funds. Yesterday, the Commerce Commission of the Republic of Korea ordered 12 local crypto-exchanges to renegotiate contracts with their customers.

Technical Analysis: During today’s trading, Bitcoin’s price movement was not marked by significant volatility, while the value of 7,000.00 remains, against which the further decrease to $ 6,250.00, $ 5,800.00 is expected.

Fig. BTC/USD. The current price is $ 6,719,150.

Alexander Sivtsov