The price of bitcoin fell below $12,000 for the very first time since December 5, 2017. The most famous digital currency went down to a six-week low Tuesday, as a consequence of warnings from regulators and reports of an escalated crackdown on the cryptocurrency market in China.
Other cryptocurrencies like Ethereum and ripple were falling. Ethereum was trading at $1,051.83, down more than 20% in the last 24 hours, and ripple fell almost 27% to $1.33 a token.
The price of bitcoin fell below $12,000 for the first time since December 5. It was trading at $11,182.71 a coin at about 4:52 a.m.
On Monday, Bloomberg reported that Chinese government was planning to block domestic access to Chinese and offshore cryptocurrency platforms that allow centralized trading. Today, a Chinese central bank official reportedly said that authorities should ban the centralized trading of digital currencies, adding weight to concerns of further suppression of the country’s cryptocurrency market.
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EUR/USD
1.11
Trade-1.22% -
USD/JPY
148.37
Trade+1.74% -
GBP/USD
1.32
Trade-0.87% -
AUD/USD
0.64
Trade-0.75% -
GBP/JPY
195.48
Trade+0.86%
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Microsoft Corporation
448.12
Trade+1.62% -
Domino's Pizza Inc
482.26
Trade+0.38% -
Tesla, Inc.
318.02
Trade+1.46% -
Apple Inc.
210.36
Trade+3.79% -
Amazon.com, Inc.
208.65
Trade+6.73%
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Gold
3234.64
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Crude Oil WTI
61.59
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Silver
32.58
Trade-0.19% -
Crude Oil Brent
64.71
Trade+1.4% -
Gold-Gram
104
Trade-1.5%
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US 100
20853.33
Trade+2.43% -
US 500
5847.02
Trade+2.14% -
GER 30
23649.25
Trade-0.07% -
US 30
42405.53
Trade+1.86% -
JP 225
38769.74
Trade+2.9%
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UltraPro Short QQQ
25.32
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Daily Junior Gold Miners Index
62.2
Trade-6.66% -
S&P 500 ETF
582.83
Trade+0.35% -
Bitwise Bitcoin ETF (BITB)
55.42
Trade-2.21% -
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28.8
Trade-2.21%
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