Bitcoin’s plunge

Written by Mark Evans

In light of governments around the globe making noises about crypto-currencies, a fall was one of the most predicted events of the year and with South Korea suggesting that it might take action in the near future it looks like a correction, at least, has occurred.

The announcement comes after Chinese authorities said they were planning to restrict local access to crypto-currency trading platforms, and channel technology into the ‘real’ economy.

Bitcoin, and others, have suffered, with Bitcoin falling below $10,000. However it might be somewhat early to call on the death of crypto-currencies, as Kodak has seen its share price soar since announcing two crypto-currency-related ventures.

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