Bitcoin drops to 10 mil dollars

According to the Coindesk website, one of the most famous cryptocurrencies on the internet, Bitcoin, quoted in the first hours of January 17, under 10 thousand dollars, something that had never been seen since the beginning of December 2017.

It should be said that almost all cryptocurrencies have been affected by this fall. Ethereum, ripple and bitcoin caish, are some of the virtual currencies that have lost 19.16% in half a day, according to the same website.

Several analysts experts in the subject have assured that the crashes are due to the regulation of the bitcoin and even its prohibition in South Korea, country where one of the largest productions of cryptocurrencies is located in the world.

On the other hand, China was also one of the Asian nations that banned the use of Bitcoin and even ordered to close different digital currency houses with headquarters in Beijing.

The price of bitcoin stands at 10 thousand dollars, well below the record that broke in the year 2017, where the cryptocurrency could almost reach 20 thousand dollars.

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