Bitcoin falls below $ 9,000
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Bitcoin reminds us once again of the little consistency that exists in the value of cryptocurrencies, this popular currency has fallen below $ 9, 000 after losing more than $ 1, 200 in value in a few hours.
Bitcoin loses more than $ 3, 000 in a few days
This drop in Bitcoin's value has come after Indian Finance Minister Arun Jaitley has announced that his government will take additional steps to regulate cryptocurrencies. The intention of the Asian country is to prevent this type of currency from being used for non-legitimate purposes.
The Government does not consider cryptocurrencies to be legal tender or currency, and will take all measures to eliminate the use of these crypto assets in financing illegitimate activities or as part of the payment system.
South Korea has also announced that it will take steps to regulate cryptocurrencies, at first there was speculation about its ban, but ultimately it will not be.
Last week, Bitcoin reached a maximum value of $ 12, 000, so it has lost more than $ 3, 000 in very few days, thus demonstrating the great volatility of the value of cryptocurrencies, if you had the intention of buying Bitcoin this It may be the best opportunity.
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