May 11, 2018Blog Posts

Bitcoin Slips Below $9,000 After Korean Exchange Raid

Bloomberg

Bitcoin was on course to eke out two weeks in a row above the $9,000 mark, until now. The top digital token broke its streak Friday after South Korean prosecutors raided the offices of Upbit, one of the world’s largest cryptocurrency exchanges, renewing concerns that heightened regulatory scrutiny around the world could hurt business and dampen enthusiasm for digital assets.

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