Bitcoin price fell below $7,200 treat during Asian hours and touched $7,167 low before fresh buying rente helped to trigger the recovery. The digital currency No. 1 is switching forearms at $7,242, down 1.5% te latest 24 hours, while market value lodged at $123.3B.
Bithumb, the fattest cryptocurrency te South Korea is about to zekering trading potencial coins ter 11 countries including North Korea. The company explains the decision by an attempt to prevent its infrastructure and toneel from being used for money laundering and financing terrorist organizations spil banned countries are considered high-risk jurisdictions under Non-Cooperative Countries and Territories (NCCT) Initiative.
While the initial reaction to the news wasgoed muted, it may serve spil an toegevoegd bearish hacedor that shoved reeds major coins to critical levels on Monday.
Looking technically, BTC/USD is under pressure spil long spil it stays below $7,370 (lower line of the triangular formation around $7,370). The nest support is seen at $7,167 (Asian low) and $7,000 treat. Merienda above $7,370, the recovery will build up traction with the very very first aim at $7,683 (23.6% Fibo) followed by $8,000.
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