The state of crypto-currency of the market. Bitcoin has updated the maximum.

In today’s trading, most of the world’s crypto currencies are showing negative dynamics, on average over the past 24 hours losing about 6.5% of the positions, which allowed bitcoin to update its historical maximum to $ 17,896.00. It should be noted that this week, it was reported that South Korea intends to fight the sharp rise in price of crypto currency, by imposing restrictions on speculation in digital currencies. The proposed measures could be the collection of taxes, capital gains from the trade in crypto currency, as well as a restriction for financial companies to deposit, purchase and invest in crypto-currencies.

These measures on the part of South Korea may have a significant impact on the market of crypto-currencies, as the largest exchange of the country Bithumb accounts for 25% of the world turnover in digital currencies.

To date, the timing of the implementation of measures for crypto-currencies in South Korea is not known, but their launch may negatively affect the high volatility of the crypto-currency. Also, see “Bitcoin is preparing to update its maximum“.

Alexander Sivtsov