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
1.04
Trade+1.18% -
USD/JPY
155.63
Trade-0.42% -
GBP/USD
1.23
Trade+1.01% -
AUD/USD
0.63
Trade+1.05% -
EUR/JPY
161.86
Trade+0.76%
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Shopify Inc.
103.36
Trade-2.13% -
Tesla, Inc.
427.83
Trade+3.7% -
NVIDIA Corporation
137.69
Trade+3.1% -
Apple Inc.
229.79
Trade+0.57% -
Amazon.com, Inc.
226.2
Trade+2.5%
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Gold
2708.22
Trade+0.4% -
Crude Oil WTI
76.15
Trade-1.83% -
Crude Oil Brent
79.08
Trade-1.26% -
Silver
30.62
Trade+0.74% -
Gold-Gram
87.07
Trade+0.4%
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US 100
21562.08
Trade+0.78% -
US 30
43701.18
Trade+0.52% -
US 500
6027.01
Trade+0.6% -
GER 30
20994.85
Trade+0.54% -
JP 225
39059.9
Trade+0.69%
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UltraPro Short QQQ
29.2
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S&P 500 ETF
597.59
Trade+0.13% -
Daily Junior Gold Miners Index
41.64
Trade+2.43% -
QQQ Trust, Series 1
521.76
Trade-0.1% -
China Large-Cap ETF
30.41
Trade+1.31%
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