Bitcoin Watch – Keep an eye on the cryptocurrency taking the world by storm

At the beginning of 2017, the highly volatile Bitcoin was valued at just below USD1,000, however recently it has skyrocketed well into the teens at a high of over USD19,000.

Latest Bitcoin news:

Bitcoin price hit another low for 2018 yesterday, Thursday 11-Jan, in response the possibility of South Korea preparing a bill which will ban all cryptocurrencies trading. Bitcoin dropped to just over USD13,000, however banning cryptocurrencies altogether would be difficult given that the country is one of the biggest market in the world especially for bitcoin and Ethereum. ThinkMarkets believe traders should not read too much into the South Korean situation because even once the bill is drafted, it would require a backing of 297 members of the National Assembly, a process which could easily take months or even years.

Stay updated here with how the cryptocurrency is tracking: